I read your post... it made me stop and just say this...My first reaction is you come across quite genuine and balanced, that's good for your well-being. as it is a tough experience. Well not much has changed, not since the period almost ten years ago I left that environment. I was on the other side of the equation i.e. doing the layoffs as a GM/VP of a division or in any number of management roles - large, medium and start-ups.
I see one my favorites: Peter Drucker. He was spot on about a great many things about business management. One can always find a pearl from him which can apply to most any business circumstance. They are never outdated - business truths rarely are. But avoidance when it suits a problem, thrived.
Many managers I knew or reported to, did not accept the point he was making in that quote. We need to cut this and this many to get a short-term benefit for reason x, y or z. Failing to execute, innovate, deliver, customer sat, quality, spending to achieve whatever the plan was...rests solely with "top" management. When a sales rep does not make the numbers - they go. The reverse rarely occurs or far too long or sometimes never. The employees become expendable - and dispensed quickly.
Recurring layoffs, redundancies , do not, will not fix a bad plan or ineffective company top management at any level. Short-term gain for a long-term outlook? a stop-gap for acquisition? or a spiral downward to closing the doors. Saw much over many years/decades in high technology. Its happened before and it will again and continue to happen. Nothing changes in this regard.
Losing your job is traumatic but keeping your spirit and opportunities open and keeping yourself busy, will help immeasurably. Who knows...you may start a business or become a crypto-success...possibilities. Good luck to you and hoping you always have a satisfied mind.
thanks @bluelazer for a very informative feedback. I got through the trauma quickly thanks to our two little angels who keep m super busy. Got plenty of ideas to survive the next few months and has started to narrow down to 3 to 5 choices. Crypto trading and Steem blogging are on top but I'm not closing my eyes on other opportunities that would ultimately presents themselves. Wish you luck as well.
Its been said, true success...is paid to play. Good luck and a better new Year!