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I'm not in that boat presently, thankfully. But I've been laid off in the past. What I'd suggest is to try to have some money put aside, seriously as much as you can sock away. It's likely you can collect unemployment, but that only goes so far and for so long. And be prepared to start looking for another job right away. Have your resume up to date, as well as your LinkedIn profile. And be prepared to do a lot of networking and a lot of putting out feelers. In my case it eventually worked out for the better, but it was a tough time, to be honest.
I went on vacation for 1 week came back and was laid off the following Monday , it’s unfortunate that we work so hard and give our all and they don’t care about letting people go .
File for unemployment with your state as soon as you find out and start applying for new jobs like yesterday