Since this has already happened to me, I advise everyone to always make sure that, if nothing else, at least their resume is updated and ready to go.
Why stress about if there will be layoffs, when we all know that there will definitely be many more and that we all need to be prepared? Obviously, many are not prepared.
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I just use LinkedIn's built-in resume feature (View Profile>More>Build a Resume). It's generic but takes about 30 seconds of effort.
Keeping your resume up to date should be a weekly/monthly task, even if it's just updating your LinkedIn at the very least. If you're doing it regularly, it'll take you less than 5-10 minutes each time to add new knowledge/skills and to prune off any stuff that's now irrelevant.
Lots of companies use LinkedIn to headhunt their hires, so keeping your profile current increases your likelihood of someone approaching you about a position that may be of interest. This is how I've been offered my last two jobs - positions I didn't know about and didn't apply for.
If the worst happens and you're laid off, it means you can hit the ground running applying for new jobs with a current record of your skills and achievements.
Not OP but I used resume worded for both resumes and LinkedIn. I found a bunch of stuff in their free report that was useful. Of course they want you to pay eventually to use the service but it helped me.
What resources are you using to bring your resume current? Any tips to share?