Dealing with redundancy in an IT world

So you’re working for a company that’s going well (or not) and you start to hear rumours of parts of the business being sold off, the project you’re working on is being pulled or worse the business is closing down. Before you know it your x amount of years at said company have come to an end and you’re now redundant. The following Dilbert comic is a possible scenario you may have to deal with.