The tech industry experienced 224,503 layoffs over the past 10 months, according to an analysis of layoffs.fyi data by TechCrunch. That’s up 50 percent year-over-year.

“The momentum for a tech sector rebound has been slow to build, resulting in tech companies continuing to cut back on their workforces and pivot from a growth mindset to one based on efficiency in the face of stubborn market conditions,” TechCrunch added in a note accompanying the data. (Layoffs.fyi crowdsources its layoff data, so while it might not present a completely accurate portrait of the tech layoff scene, it’s a trusted source for many publications and analysts.)

However, it’s important to note that layoffs have steadily declined throughout the year. For example, January saw nearly 90,000 layoffs, but that number dipped to 4,632 in September. Take a look at the full chart:

Throughout 2023, no tech role has been spared the cuts. In April, Revelio Labs extracted data from layoffs.fyi as well as Parachute List and found that software engineers, recruiters, and QA testers constituted the biggest percentage of laid-off employees. “Earlier layoffs were focused on future hiring. Recruiters and HR were overrepresented in those earlier layoffs,” Reyhan Ayas, a senior economist at Revelio Labs, told Business Insider.

Companies have continued to cut headcount in subsequent months; Google recently laid off hundreds of recruiters, for instance. But companies have also begun to hire again, and tech unemployment has stayed historically low throughout the year—hitting 2.1 percent in September. Are we out of the worst of it? That’s hopefully the case, despite the year-over-year increase.

Whether the economy is turbulent or strong, it’s always worth having a backup plan in case you’re impacted by layoffs. Here are some factors to consider:

• You’ll need time and space to process: If the worst happens, and you find yourself laid off, it’s perfectly fine to take some time to process the inevitable flood of emotions. Whatever you’re feeling is okay: acknowledge it and think about what you’re going to do next.

• Ensure your network is strong: This is something you can do well in advance of a possible layoff. Make sure that your personal network is strong and growing. Check in with people as much as possible; take former managers and team members out for coffee; make a point of commenting on folks’ social-media posts. You’ll need a robust network when it comes time to hunt for a new position.

• Understand your separation terms: When the layoffs hit, make sure you’re aware of what exactly your company is offering. Your HR department will present you with a package that clearly describes your severance and your benefits. Study it; before you sign anything, make sure you understand everything, including when those benefits terminate.

• Revamp your budget: Unless you have a fresh job offer on the table, you may need to adjust your personal budget to see you through a period of unemployment. It can sometimes prove helpful to game out an “austerity budget” ahead of a potential layoff, which can spare you from having to scramble later.

• Figure out what you want next: A layoff is a terrible thing, but it’s also a chance to jump to a new career track, or hunt for a job that aligns closely with a growing passion.

This isn’t the first year that massive layoffs have hit the tech industry, and it won’t be the last. But if you keep your skills up-to-date, and have a plan in case you’re laid off, you can hopefully weather the worst of it.