25% salary to hourly: cut due to "economic changes within our industry"

Due to "economic changes within our industry" my employer has been making adjustments.

Unfortunately, my position has been affected. As a result, my job title will change from IT Administrator/Manager to Network Administrator to better align with my updated responsibilities "linux servers".

Additionally, my employment status will shift from exempt, salaried to non-exempt, hourly, with an equivalent hourly rate of my current salary and my weekly hours will be reduced by 25%.

My benefits package, including health, life, and disability insurance, will remain unchanged, but my PTO will be prorated accordingly.

As a non-exempt employee, I will now be required to clock in and out for work, including meal breaks, and track my hours for any remote work, etc. I'm sure everyone here knows how this works.

I might be able to handle another 6 to 9 months of this depending on the math on my expenses and new pay work out, but I am told I can get partial unemployment with the California EDD here.

I feel like with my 8+ years experience in IT and DevOps, I have had the opportunity to manage large-scale environments, from 5K+ Mac clients, Linux, and the occasional Windows system, as well as implement automation solutions on 10K system server farms that I have a good amount of knowledge to offer. ( I hate to brag and feel like I suck at it too )

I know the economy in this industry right now isn't the best and I don't know everything or might be a little lower skilled compared to others of my peers who are more focused on knowing one single thing, or really much good at random programming problems to screen candidates with. I & my fully dependent family member deserve to be comfortable even if that's nearly paycheck to paycheck with a small amount left over in savings.

Given the circumstances, can I eat the hit now and then resign in a couple months and take full unemployment later depending on how things math out, Say in a month or two while I focus full time on finding a new job? Should I say I thought about it and resign now at the end of the week?

Thanks for the advice ahead of time and letting me rant here. :)