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Joey Himelfarb estimates that in his 25 years in sales, hawking everything from Hewlett-Packard computers to cars and swimming pools, he has been laid off or downsized at least a half-dozen times.
The most recent occasion came in April, when he got a call from the chief executive officer of the start-up in northern Virginia that had hired him 10 months earlier. The company sells systems that extract data from video. Mr. Himelfarb worked remotely from his apartment in Belle Mead, N.J. “I was working my tail off,” he said. “We were busy.”
But now, the boss told him, because of the coronavirus pandemic, the company could no longer afford his mid-five-figure salary.