Layoffs to happen in mid-April. The management is talking about a 4 month lul now, they are getting ready to shift into a 'survival mode' - layoffs & furloughs to be rolled out. As I said before, I heard mid-April from different sources. Take all of this with a grain of salt, as things are changing a daily basis - it can be bad but it does not have to be.
We'll get through this.