I guess the key would be to view this as an opportunity...
My position went from full time to 34 hours a week last year. This year it is being cut to 20 hours a week. Which is just enough to put our tight budget underwater. There was a good chance this position would allow for a jump to a better one at the county.
All that has changed with the economy tanking. We have 14.0% unemployment (with a real closer to 20%, depending on which expert guess you take).
I figure I can either take the 20 hour work week and try to find part time employment elsewhere. Or I can accept a layoff and look for work, possibly take a class or two with all the grants out there. Or just stop making house payments and live for free while we go into foreclosure then move someplace else and start over.
Not to wallow in self pity or anything.