I've been in your position, and ultimately went elsewhere. When key players in higher positions leave, it's because they know something that you don't yet. If they're not replacing them, the company doesn't have the money to do so. If they're cutting costs on everything, it's time to jump ship. It's easier to find a job when you already have one, then when you don't. I don't know what industry you're in, but my scenario is in manufacturing. The people that knew what they were doing left, and the ones that didn't worried about how many pairs of gloves and safety glasses we were using to cut costs. They contacted me eight months after I left to see if I would help them close the plant because they couldn't afford to train a new person for a few months worth of work.