I'm 100% WFH, so this meeting was virtual from my home office. Once the meeting was over, I walked downstairs and told my wife what was said and "I'm going to start looking for a new job immediately." Pretty easy to get my spouse on board when I'm asked to choose family vs job.
Thankfully, I'm in a good profession (engineering) but it's not a great time of year to be job searching. I've got some irons cooking (one even thanks to CF!) but people aren't making any hiring decisions in the next month, most likely.
I am grateful I don't feel at risk of being fired at the moment. I think my boss knows things would get even worse if I were to be gone.
Construction engineering type, right? Probably don't have healthcare/software background?