Use the following month to:
Update your resume and skills (there isn't much time for the latter, but you can at least start).
Start networking. It'll be easier to reach out to somebody regarding a possible job if you contacted them before just to catch up.
Keep a pulse on who is hiring and what is in demand.
Get your finances in order as much as you can.
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If you go ahead and just set your expectations that you will, indeed, be LR’d — you can treat this like 30-60 days notice that you’re gone. Rip the bandaid off, and mentally prepare that you’ve already been fired.
"Waiting a month to know about if you’re laid off is like climbing Mount Everest and finding you alone half way through the climb."
Cisco conducts 2 or 3 layoffs a year. I'm not a psychic but expect more layoffs next year.
The additional month is a positive. Schedule doctors appointments, and focus on saving money.
What? You a preacher, turned into a technologist?
Waiting a month to know about if you’re laid off is like climbing Mount Everest and finding you alone half way through the climb.