>Cost cutting measures to entire company functions

Isn't that obviously what op is asking?

Me and 18k people were let go in 2018. I was contract, so I knew what was going to happen.

I was hired by a different company who was confident in their ability to not fire contractors during recessions. Before 2020 they let go of the contractors.

I wasn't concerned because I had a ton of money + skills. But I'm pretty sure op is going to be dealing with a similar situation to me.