Get out on your own terms while you can. The market knows what's happening at MDT and other companies and even recruiters know they don't have to offer top dollar to ex MDT anymore since the market is already flooded with layoffs. It can be better to wait in some cases but if you need a new job and dont have the luxury of waiting months to find one, leave early otherwise you will be competing with 100s of other laid off people and even the offers you get will be terrible since they know you're desperate.
Great advice, @nlw+1lSlLAwa.