My job and recession

Do you have a job? Make sure that you keep it! Job security nowadays is nonexistent. Everyday you hear of people losing their jobs due to the economic situation in the United States. Companies are trying to cut costs and one of the easiest way to do it, is to downsize. I work for a bank and this field has been affected tremendously by the recession. Just last month in my company they lay off 6 people and we are expecting another 3 workers to be dismissed before the end of next month. My department used to be composed of 10 officers now we are only 5. In addition to these lay offs there were changes on our benefits and our pay. Our 401K matching program was discontinued. Health insurance coverage was lowered, co-pays were increased and last year our pay was also cut by 5%. When I started working 5 years ago we had 6 branches, next month we will close another branch and it will leave us with only two. Regardless of all the changes my co-workers and I, we are still happy to have a job. We all know that this is not happening only in our workplace but also in a lot of companies. Our only hope is that this recession will be over soon and things will get back to normal.