As a developer/architect in a major metropolitan city, why would I worry about getting laid off? In 20 years its never taken me more than three weeks to get another job - always paying more. My record was walking off a bad contract at lunch Monday with not even an application submitted somewhere, meeting a recruiter and having an offer at what was then a Fortune 10 company on Thursday. The only time I got laid off was when the company went under - meaning any promise of “severance” would have been moot. Even then I was laid off on Friday and scooped up by one of the company's clients and started working the next Monday.
Yes I was around for both the dotcom bust and the 2008 recession. Even then major corporations were hiring.
There is a much higher chance that I’m going to leave a company than a company is going to leave me. I’m going to negotiate pay, PTO, and even a title that looks good on my resume.