Possible having your hours cut or being laid off for any length of time is not a good thing. A lot of what is happening with the economy is related to the virus, but I do agree with you that a market correction was not too far off anyway. With all of the restrictions placed on most people here in the states, the streets are empty and the feeling is very eerie.
Being that we are retired, the economic hardships have not hit us yet, but if this virus continues who the heck knows what will happen with pensions funds. Pensions funds have taken a huge hit as they are heavily invested in the market.
Good luck with your new home and with your work.
This is an increasing concern for many I think as if this stretches out too far, it severely cuts into what people have available, which has knock-on effects. My parent-in-laws are going to take a large hit, and they are mid 70s, so there isn't a lot of time for them to recover.
Hopefully things work out and you guys are safe.