One factor to consider is: what is your profession, and what does the market for that profession look like where you now live. For example if you are a develop

One factor to consider is: what is your profession, and what does the market for that profession look like where you now live. For example if you are a developer who just moved to the Austin or Chicago area, I would say, leave the company and look for new work. You could opt to resign since you can probably easily find good work in 2-4 weeks. No one is going to question a 1-2 month gap in a dev's employment, it's such a hot market. But if you are a salesperson, and just moved to a very rural area/where you have no network, the advice might be different. Might be better to choose to be fired so you have unemployment as a fallback. Or, if you are super confident in your sales skills and can tolerate some income uncertainty, you could negotiate for a large commission and stay where you are now. All things being equal, your current gig is on life support, and you may not be able to revive it. But it depends a lot on the particulars.