Re: Overtime
Had something quite similar to that last time we had a downturn. The manglement had the bright idea of punting a few people, and for those of us left to continue the still quite high workload we would be paid TOIL rather than overtime.
TOIL bank limit was raised to 300 hours, and they were surprised when I hit that a few weeks later. And when asked to take some of it, had to point out that if I did then a swathe of projects would basically stop as there were no others left to take over them, with accompanying wailing and gnashing of teeth from customers.
In the end they relented and paid off a chunk of it, when I said the other option would be that I just did as they said and took the whole lot (alongside holiday allowance, bank holidays and suchlike - this discussion happened in October and I calculated with all the owing I'd be back sometime in February).