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Struggling with job layoff anxiety? Here's what you need to do.

Yahoo Finance
Summary
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78% Informative

More than 8 in 10 workers are worried about losing their jobs this year , according to a survey.

4 in 10 companies worldwide expect to reduce their workforces over the next five years .

Many large corporations have already announced or kicked off a round of layoffs, including Chevron , CNN , Estee Lauder , Meta , and Southwest Airlines .

As businesses have targeted middle management for layoffs and budget cuts, more managers are having to take a pay cut or step down in level as they get a new job.

Some of these actions, admittedly, are tricky to do while you're still on the job.

Other moves that will help in a job search and in your current position include adding to your skill set and exploring a side hustle.