Industry layoffs, what are people doing? - any advice?

Our sector has been shrinking and I am unsure if I should wait it out. It has been weighing on me all week. I have transferable skills but no direct experience elsewhere. Which areas are hiring?

A short certificate helped me more than a new degree would have. Check what local colleges offer.

Look at job postings to see which skills repeat, then fill the gap. That gave me a direction.