Here's what the SWA pilots are doing:

"No-Furlough Friday (#KeepDean): With the current economic situation surrounding the COVID-19, the word “furlough” has been mentioned, not by Southwest Airlines management, but by many SWA Pilots who have seen this before in previous lives. Presently our company and our Pilots are doing what we can to prevent it. That being the case, there were at least three documented times in our history and possibly more when the Pilots of Southwest have stepped up and done the right thing, including pay freezes and cuts, to prevent Pilot furlough.
Dean Jamous (#144397) is the most junior Pilot on the SWA seniority list today. The Save Dean campaign #KeepDean means no one gets furloughed. It is our hope and intent that once again, we, the Pilots of Southwest, will do everything in our power to prevent furlough in the true spirit of our predecessors. That is what it means to be a Southwest Pilot."

And over at the Delta forum:

"Back to furloughs......

Yeah, we are going to furlough. I don't know why we are spinning around trying to figure out what we can do to stop them. Not our call. That's management. Been said here a thousands times before. They'll figure out their required manning and staff the airline accordingly. We are nothing but cost control items. they'll control as they see fit.

It's a fine mental exercise for a forum, but their are people on our seniority list that have never gone through a furlough. Perhaps we should devote more effort passing on lessons learned from previous experience. That might be more helpful for them than trying to buoy their hopes that maybe delta won't furlough. I don't expect the senior bubbas and bubbettes to float us on this with early outs. Not their responsibility. They have their own lives to take of, not ours.

I'll start. Reduce you cash outflow now. Refinance to lower interest rates anywhere you can. Sell off toys and crap you don't need. Take a minor hit if you have to, but shed that burden now. It won't be any easier 6 months from now when the entire economy is in the crapper. Get your family together and discuss how you can save money now. Cull the useless unneeded items in your budget. Hopefully you have a rainy day fund. If not start now. Should accommodate for 6 months minimum of "family operating expenses". As long as you have a job at DAL, you need to maximize your earnings until they show you the door. Again, time to have a chat with the family. Second gig? I don't know. Unless you have a current security clearance or can work your way into a .gov job, the options are not so good. Little late to go to law school.

That's just some junk off the top of my cranium. Lot's of folks on this board who have weathered multiple furloughs. Hope they chime in with their experience.
Two things to add (been through two furloughs/shutdowns); first, if you are at risk of a furlough, take out a HELOC if you can. It can make for a low cost emergency fund. Second, do not ever, EVER draw from your 401k to pay bills. You will never make up the loss. A 401k/retirement plan is protected from creditors.

Be safe.

S"

Over at AS: WHAT IS THIS KINDERGARTEN?! WANT A SAFE SPACE!? I NEED BOAT MONEY!!! THERE'S THE DOOR!!!

Good to know when I vote on your pension...