Industry layoffs, what are people doing? - first time posting

Our sector has been shrinking and I am unsure if I should wait it out. There are 5 people counting on me, so I am trying to be careful. I am open to a pay cut if the field is stable. How did you choose?

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

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