Im sorry to everyone affected, the market is he-l right now. oversaturaded is an understatement, not to mention meritocratic hiring practices have been done away with in exchange for inexperienced workers who will listen better and take less pay/benefits. If you got hit today, get out there ASAP. Do not wait.
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Best advice I got when I was laid off a few years ago was to treat job hunting like a full time job. Job hunt and interview for the full work day, but constrain it to work hours. Take breaks, meet people for lunch, and most importantly sign off at a reasonable time. Enjoy your evening best you can.