In Silicon Valley, there used to be feast or famine cycles; high highs and tough lows. Companies were rewarded by how well they managed the downturns as much as their products.That stinks. If the work isn’t there, it isn’t there. I guess a furlough is better than firing…. Hope the month is it.
We had furloughs if orders were expected to come back quickly and layoffs for the longer term.
High tech is a roller coaster, not for everyone and not for the faint hearted.