I got laid off last year (Feb 14, 2018) and I can give you some of my feelings and experiences all along.
I got a call on 2/14 morning that I was gone, by end of the day my access to the network was terminated, they gave me entire day to copy files etc to my personal hard drive. 1st day after layoff was not so bad, we had company, many of my colleagues were laid off and we kept talking to each other to keep our chin up. But 1st night, I could not sleep in disbelief. After a week, I started having depression. I started preparing my resume and then apply. 2nd week I was more disappointed since there was no dream job offer knocking on my door. Finally, after talking to many many recruiters I found a contract role after 3 months, I had significantly lowered my expectations and was at least happy to find something. The first day on the new job was a mixed feeling, I had to prove from scratch whereas in Pepsi I was a 14 yr pro commanding respect from everywhere. 3 months into my job I deliver my first deliverable which was a personal victory, people around me finally knew that I was not a scum bag or fake. I'm into 6 months now and things have stabilized a bit. I still worry about the future.
What I miss: All my colleagues at work. My reputation and influence to get the job done. The office building. Old memories. My good paycheck (I took a pay cut in my current role)
What I don't miss: My current workplace is much more stable and so I don't miss that sword hanging over my head every February. I know in a few years I'm going to be at a better spot in terms of respect, money and work friendship.
Advise: Prepare your resume and update your Linkedin profile. Take some training like Agile, Java certifications, AWS certifications etc, if you are in IT, field. Look for the next company that is doing good in terms of revenue and growth. Problem with Pepsi is like working in a newspaper print industry, it is dying. Go to Technology, Healthcare or Defense sector that has a good future. You are looking for stability. Save money and don't spend unnecessarily, what gives you strength and comfort is when you have weeks and months of emergency savings. Keep yourself busy into something, idle mind is a trap for depression.
This is a sincere post by @X3V9PdW-bfox that captures the experience of being laid off and the ups and downs of life after the layoff. Thanks for sharing this.