Probably going to get laid off -> what to do w/ the economy & slow hiring?

Title (ignore my position - don't know how to update).

Long story short, been in IB for 2 years and was told by some people in my corner that leadership is freaking out about deal flow and having too many heads in the firm right now. Honestly surprised there has not been larger lay-offs for my place, but I fully expect them in the next few months.

Anyways, my question is: would a MBA be the only way to re-enter IB in a worst-case scenario? Or is there still hiring activity in IB or more likely a less related job in middle/back office? Wwyd
 

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