[HPE/Aruba] Should I be worried of the looming recession and possible layoffs in the future? What should I do?

Been at Aruba for a year now. We already saw one batch of layoffs happen in the beginning of this year. With the current situation of the stock market, and the rapid decline of HPE stock value, it seems likely that once recession hits HPE will again start another layoff period. Should I be worried as someone who does not have that much experience in the company I might be among the first ones to take a hit? If so, how should I prepare myself? Should I put off paying off my student loans to have some liquid cash in hand for a rainy day? Put all my savings in high yield savings account? Need suggestions!! #hpe #aruba #layoffs #studentloanhero