Dunfermline's administrator expects a decision on redundancies to be made by the end of Thursday.
Bryan Jackson of PKF - appointed following Dunfermline's failure to pay a £134,000 tax bill - has warned of "brutal" cuts to keep the Scottish Division One club afloat.
And as he headed into meetings with the Scottish PFA and club staff at East End Park, Jackson told employees to brace themselves for bad news before the Easter break.
Asked about cuts to the playing squad and the backroom staff, he told Sky Sports News: "The intention is to do both today if we can - I wouldn't want it to drift into tomorrow.
"We need to make the decision. From what I can see so far cash flow is non-existent. That's why I used the word brutal."
Fewer than 3,000 turned up for Wednesday's home defeat to Falkirk, an alarming figure given Jackson's insistence only outside money can keep the Pars going until the summer.
He said: "Obviously I was disappointed, though to some extent I can understand it. It was a very cold night, and it's not yet payday - for those that are getting paid.
"But it's disappointing just the same because, as I've said, I am going to be dependent on funds coming into the club. There are no assets. I need benefactors otherwise I will not be able to get the club to the end of the season."
Scottish PFA chief executive Fraser Wishart said: "From our side we want to minimise the damage for our members, but there's nothing concrete at the moment.
"We'll have further discussions to see if we can save some jobs. Wage deferrals are something we've spoken about, and I know the Football League are very strong in honouring players' contracts.
"Even players that are made redundant here, the Football League I'm sure will make sure Dunfermline - in whatever guise they come out of this administration process - pay the players."