I am one of the many folks that was impacted by layoffs in tech earlier this year (in May). I have been hunting for months with no offer letters yet (I have gotten to final rounds of interviews but no offers yet). I have one opportunity that looks like it could turn into an offer, but the compensation would be significantly lower than my last role and the title could look like a step backwards in my career. I am the benefits holder of the family, so I can't afford to go into the New Year without something lined up. I plan to negotiate as much as I can should an offer come through, but am also struggling with both the paycut and the title. While I would love to wait it out a few more months and find something with better pay and better title, time is not on my side and I am exhausted by the search and the endless rejection. I also have a family that I have to support.

Advice? Feedback? Have you done this before and negotiated successfully?