I work for a company that does electronics for aircraft. Traditionally we did about 1/3 military 1/3 commercial and 1/3 business and GA. Recently w e jumped much heavier into commercial and are scaling back on business/GA. We are probably 70% commercial and 30% military. So we took and are takin g a big hit.
The military stuff seems solid. Everything else-- crap but how crappy? who knows
As the company is assessing its future prospects all employees (with very f ew exceptions) are on either team 1 or 2 and each team works every other we ek. So everyone is now receiving half pay. While this is going on we awai t our longer term fate which is whether we get laid off or not. Layoffs ha ve begun and they are moderate so far, but the company has not put everyone backon full time pay either.
It is going to be a ride.