I was laid off in November of 2015. Months leading up to November were very stressful. I thought I'd be among the last people on my team to leave. Still, I was prepared for the worst. I thought I won't be affected much if was let go, but when I was notified by my director, I was devastated. My last two months at Qualcomm were depressing.
I found a job not too long after leaving Q. I had almost forgot about the entire debacle, until I stumbled upon this website again today.
My last year was extremely productive. I grew professionally tremendously. The company I work for is growing and I am extremely happy. My advice to those who are thinking of taking plunge and take up a new job is to do it. Life is short, stress is not worth it.
Take care!