I just received a job offer today, but it's a massive pay cut from my previous role. I was making a base salary of $180k, plus a 20% bonus and stock options. The new offer is only $75k base. It's tough to swallow, but I feel I have to accept it since my unemployment benefits will run out in three months. I figure that having this job, even at a lower salary, is better than being completely without income. On the bright side, the position is fully remote, and the hiring manager seems really nice and easy-going. I'm planning to take this job while continuing my search for something better. The job market is brutal right now, and I know I'm not alone in feeling this way.
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