Just to buck the trend and provide a counter view, I was made redundant from IBM (UK) in 2016 but did get offered an alternate position. The key was to find an in-demand role at the time which in my case was in the sales organisation who were untouched at the time. However, the exec sign-off process took months and I threw myself into finding an outside opportunity which eventually bore fruit. It was worth the effort, if nothing else, to be back in control and proudly announce to my useless FLM that I was leaving. I think the landscape is very different now and the scope and order of magnitude of down-sizing on a different scale so I suspect my rare opportunity will be even less likely than it was back then. As others have said, you need to drop and forget your day to day work and put every waking minute into both (a) securing a sideways move and (b) looking outside IBM for new employment. Cast your net wide and consider roles outside IT that might exploit your soft skills. Good luck!