Vacuum Cleaner For Dog Hair...
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No best answer has yet been selected by bod. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Where are you? Here in America this is OK to do such things. Personally I think it's nice they offered you anything rather than just cut you completely. In my city a big company is about to cut all of it's employees salaries by 21% to put the extra money towards not going bankrupt. So if they can do that, I guess your company can do this.
Of course, don't just settle. Look for another company if that is an option or else try to negotiate your prospective salary. Hopefully your boss will be willing to work with you but I agree with bluedolphin about keeping your thoughts to yourself.