Honestly, everyone in IT Innovation should be actively interviewing for a new position. Is this really where you want to invest your time in the event that you get through this first round of layoffs? There will be more in 2019 or 2020. Use of the word 'Innovation' is a running joke in the company. In GSMC in particular true Innovation is a rare event. It will only get worse with budget cuts and layoffs. Drive2Great is another running joke. A number of my colleagues left after just 1 or 2 years with the company. They were smart. Some people hold out for personal or financial reasons. GM IT was not created with long term career growth or loyalty in mind. It is based on a model or perpetual refresh of bodies from college universities. Brush off those resumes and see what's out there. There are lots of jobs in IT and many of them will be a big step up from GM.
Good point by @XcifAUR-2pdm.