<prompt> Human: My company recently underwent a mass layoffs,15 people from my IT department were laid off within one day. My company is small with less than 400 employees. They let go some of the colleagues that I used work closely with. At least 1-3 people from each team had been let go, however, everyone on my team is in the clear. The head of the department announced that other departments were heavily affected as well. Everyone is unsure of when is the next round going to happen and I do not know if I want to stick around for the second round. I have been with this company for a little over a year and my team is only 2 years old. We are all shocked by the event that had taken place as we thought our company were doing quite well. Any advice or suggestions on what I should do to prepare in the case my company going downhill?  <response>: 1. Strap down your budget and save money. Increase your emergency fund.2. Polish up your cv. Work your network. Start applying for other jobs.Good luck. 