The word recession is common place now. People getting laid off is catching an upward trend in India, thanks to the recent global meltdown. Though this presents a lot of uncertainties around one's career, yet it gives you an opportunity to sit back and evaluate areas where you think you can add better values than others.
In India, most people take a career by force, not by choice. And situations like this create an opportunity for people to sit back and evaluate their options. If you are a software engineer working on some very low level activity where you feel there is very little value addition for the end customer, then you have all reasons to get worried. You need to sit back and ask yourself: are you working on something which is considered valuable by your customer? Is it a high priority item for your customer? Is customer deriving advantage from your work? If answer is NO, then you better re-evaluate and change your focus area as soon as possible.
Just go by one principle: "If there is no taker for your product/service, there is something wrong with your job. And such inefficiencies will be dealt by your company during such bad times."
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