If people are going to be made redundant, you should ensure that you are not one of them. You have to make certain that you have ridden the wave. Sharpen the skills you need to sail through.
Improve your employability prospects: Gone are the days when a career was synonymous with a lifetime employment in an organization. Today the onus is on the individual to ensure that he remains employable right through his lifetime. There is definite shift from employment to employability and it is this shift that is proving to be a challenge for most.