Industry layoffs, what are people doing? - 12 months and counting

Our sector has been shrinking and I am unsure if I should wait it out. I am in Salt Lake City, in case local advice matters. The postings I see are fewer and ask for more. Who has switched fields?

Thanks for writing this out. I went through something close to it 12 months ago, and it got easier once I kept a simple log of every call and form.