1.       Reconsider any plans you (or the organization in general) have for cutting back on training.  The savings is not usually significant enough to affect the bottom line, and it gives the wrong message to your workforce. 

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2.       Encourage the CEO to address the employees directly, regarding the financial status of the company, and what he or she foresees in the coming months.

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3.       Continue your recruiting efforts.  Take advantage of the talented resources that are coming available in these times. 

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Spend more face time with your staff members; keep in touch with their concerns, and how they are doing, both on the personal and professional sides of life.