I got laid off.
Every body was talking about what was coming and I ignored all the 'background noise' until it was too late.
I had to scramble to get re-employed. It was not easy but I did better than Commscope in the end.
If I had known what I know now, I would have left sooner.
This is what I keep trying to explain to people - no matter how safe you feel, be prepared for the worst. I know so many people who are not taking the option of being laid off seriously enough and I know something like this will happen to them when (and I'm pretty sure it's a when and not an if) they're affected. What's it going to cost you to make sure you're prepared?