What advice would you give to someone who has a pretty well paying job in an tech company that has over hired ? On the one hand it's harder to find better jobs

What advice would you give to someone who has a pretty well paying job in an tech company that has over hired ? On the one hand it's harder to find better jobs as the present job is already kind of nice. On the other hand there's the uncertainty of where everything is going with regards to your long term future at the company and your career. You can't bring up the fact that the team is bloated because you're basically telling them that you should be fired. A very awkward position to be in.