High turnover in the print world

According to many Tweets and blog posts I've been reading lately, more than the usual number of print magazines are folding and editors are either losing their jobs, or moving on to other publications. As a freelance writer, this is rather worrisome. Luckily, I also know how to write for the Web, so there are other options open to me. And, I'm not afraid to stretch out to write for Regionals and/or Trade magazines.

I've never aspired to be a "niche" writer. Being a "generalist" keeps many doors partially open, as long as I am willing to reach wider and higher. How will you adjust to fewer print publications being produced?