Wait for severance only to the extent that you don't find a new gig that's worth moving. Get a new job while you already have one.
I have to remind myself of this almost daily, but it's not worth getting upset over things you can't control. Just do the best you can w/in the cluster f**k we have. Don't ki-l yourself by working crazy hours b/c it won't matter much on your review given most people will be "Meets". The exception being how team dynamics and leadership is treating you-- if it su-ks, bail asap. Otherwise, tough it out until you find a new job.
In a nutshell for all of us who want to leave as soon as possible but still want to get a severance. Source: @hdx+1tOhn0KC