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It’s a mix of both. Unfortunately in corporate you’re never really safe. You have to keep moving forward but know that in the back of your mind. Keep your network strong. And if you’re married have the conversation with your partner on what your plan of action is if a layoff were to happen.
Aside from keeping your resume updated and staying in touch with your network, there's not a whole lot you can do. Be on the lookout for warning signs like hiring freezes and start looking for other opportunities if they show up, otherwise just do good work and hope for the best.
I think in today's economy it's just common sense to be prepared for anything. If you have an emergency fund, make sure it's as large as you can reasonably get it. If you're laid off you can apply for unemployment, but that could conceivably run out before you get another job. I would not be shocked if there were a lot more layoffs over the next few years. Every story about the economy talks about how uncertain things are. Things just feel grim.
You’re right to feel a little uneasy — seeing steady companies like Target announce major layoffs can shake anyone’s sense of stability, even if your own role feels secure.
The best move is a balance of both: keep moving forward, but prepare quietly in the background. A few proactive steps you can take:
Keep your résumé and LinkedIn updated
Build a small emergency fund if you haven’t already
Stay active in your network — even just reconnecting with a few contacts now and then
Learn or sharpen a skill that’s in high demand in your industry
It doesn’t mean you’re expecting the worst — just that you’re ready for anything. That alone can bring some peace of mind.
You might find this useful:
https://docs.google.com/spreadsheets/d/1mAA1auaU3PsVbNWwpom454PRU8QbPvFFMLELmRtHQDc/edit?gid=0#gid=0