To those impacted yesterday - I'm sorry. You didn't lose your talent, the company lost it.
To those of us who survived, refreshing thelayoff.com:
They didn't lay off the work, they just laid off the people who did the work. That work is now yours.
A title can't execute a roadmap. A spreadsheet can't fix a prod outage at 2am.
If you were spared, you weren't saved - you were given a deadline. Use it.