I was RIFed in '02, after 9/11. 25 months looking for a job.- They let 10% (350 of 3500 at that location) of the workforce go, and we all had similar skills, so our networks of work-related friends was of little use- they were all looking, too.

Now I am is a secure job- making about what I was making about 9 years ago.

I would take a reduction, to save other's jobs, as long as the levels above me did the same.