Someone at Microsoft told me they didn't get the buyout email, and they're already bracing for the next wave. Their team is still intact. Nobody on it got a package, so from the outside it looks fine. They're still concerned about what comes next. They just don't want to panic and blast a hundred applications that aren't a fit. Here's what I'd do while they still have the job: • Update the resume and LinkedIn • Work on your brag book of accomplishments you've achieved that you can speak to on an interview • Restart a handful of warm relationships before you ask for a referral. • Figure out your financial runway and vest dates • Practice interviewing once a week • Slowly apply to jobs with intention, don't mass/spam apply everywhere. I'd rather start now than the week after the next email lands.