When I got back from holiday last week, I was told by my employers that due to cash-flow problems they weren’t able to pay any of the staff October’s salary. Like good little employees we all signed a form saying that we didn’t mind if they deferred our salary until more money came in.
Then the directors went out searching for more investment. On Tuesday, we were told they’d found another £500K so all was well. Today they told us that they’d need to economise in order to make the new investment last until the company started to make a profit. They made a number of people redundant. This included me.