I appreciate the shout out's on the basic math.
As I thought about it further...trying to get beyond the numbers...I settled on the fact that, at some point we will get beyond this.
The Wall Street Journal (April 13, 2020 print edition; updated on-line April 14, 2020 had an article that states, in part “The biggest players in tech are hoovering up talent in the midst of the corona virus pandemic.” https://www.wsj.com/articles/looking-for-a-job-big-tech-is-still-hiring-11586712423?mod=searchresults&page=1&pos=1
I recognize that at lot of employers are on the verge of, if not in, crisis; and that a pay reduction beats a furlough. But, and, at some point, we will get beyond this, and the competition for talent will heat-up. If, and how, you implement pay reductions will come around in the future.
As a side note, the top execs at Comcast have announced that they are donating their salaries to COVID-19 charities – see