My current boss didn't take it too well. I'm the only one in the office that does my job, plus I do all the bookkeeping and account reconciliations. I did offer to come in some nights and weekends if he needed me to to train anybody he might hire. I never like to burn a bridge. I think he'll end up spreading my job out among the rest of his employees though. Maybe that will be enough to put them all back to full time work. He said last week when he cut hours that he didn't want to lay anyone off, so I guess I solved that problem for him.
He and I had a meeting yesterday about the fact that I interviewed for the position, so he knew I was looking. In that meeting other than his saying that he needed me and that my job wasn't in jeopardy, he wouldn't commit to giving me full time hours at any point in the future, nor would he commit to not cutting hours further. I pointed out that he had lost interest in the firm (at least from what I could see) and was directing his energies into his new venture, and that it looked to me like he was getting ready to think about retirement, none of which he disputed. To me the handwriting was on the wall and it was just a matter of time before I was eliminated anyway, its just on my timetable now and not his.