I was in a similiar-ish situation. I was a manager and told to make redundancies, because we were 'overstaffed' (which we weren't) I couldn't do it. They were

I was in a similiar-ish situation. I was a manager and told to make redundancies, because we were 'overstaffed' (which we weren't) I couldn't do it. They were my friends. Who do you choose? The young guys who can walk into another job straight away but are the best workers? The guy with a wife and kids who was pretty lazy and would have struggled to get another job? The guy who just remortgaged his house to pay for his divorce? etc. So, I told them. They went to the directors, and the directors denied it. Then everyone thought I was a complete ahole for 'making things up' and the directors were furious with me for telling them. So, my advice, for whatever it's worth is take care of yourself first. Run, don't walk, run. Get yourself another job, soon as you've done that, then you can tell them if you want. But telling them before you've taken care of yourself is trouble, your bosses will be mad and that could get you axed a whole lot faster than you planned for, and your co-workers may not believe you and if they do, you'll all be applying for the same jobs so you lose out. Edit: An afterthought though, is don't quit too soon, you don't want to miss out on potential redundancy pay!