Layoffs across my industry, where did you pivot? - what worked for you?

Our sector has been shrinking and I am unsure if I should wait it out. Thank you in advance. I am open to a pay cut if the field is stable. How did you choose?

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.