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Would you settle for a salary lower than your last drawn or current salary?

The HR of a potential employer asked me if I can come down on my salary expectations.
My last drawn salary is a little over 5000 pounds or approx 7000 USD a month and she wanted me to settle for 20% lower than that.

Would you do that?
SW-User
99 replies 280 views Dec 23, 2021
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SW-User
It isn't really the market for pay cuts
+ 0 · Reply · Translate · Dec 23, 2021
SW-User
@SW-User Some are taking advantage by playing the covid card, although if I read their financial reports (available on public domain), they are generating profits.
+ 2 · Reply · Translate · Dec 23, 2021
SW-User
@SW-User if where you're at is anything like Australia, COVID has actually led to less skilled migration, therefore greater bargaining power and increased wages
+ 0 · Reply · Translate · Dec 23, 2021
SW-User
@SW-User For the Indian market, there are many candidates and very few employers. DD is more than SS.
+ 1 · Reply · Translate · Dec 23, 2021