With redundancy an ever-present threat, it might be difficult feel altruistic at the moment. But if you were faced with the option of cutting your working hours or seeing a colleague collect their P45, which would you choose?
Research by financial recruiter GRS Group suggests this is a divisive issue. 52.2% of its poll of 2,000 City professionals said they would work fewer hours. The remainder would rather look out for themselves.
The poll was inspired by President Obama's comment at his inaugural address that: "It is the selflessness of workers who would rather cut their hours than see a friend lose their job which sees us through our darkest hours."
Since then, a proportion of employees at KPMG have agreed to work a four-day week in order to stave off wide-spread job cuts.
Would you do the same? Or is it better to hope that when the axe falls, it's not on your head? Your thoughts please...