This is just part of life. The private sector particularly tech has always had far worse job security compensated by far better pay.

Being cut off in the night is unfortunately a necessity in the era of people airing their grievances on social media.

Seems to me all these tweets about how company X stabbed you in the back is just making it harder for the individual to find a new job.

Yes you might need to access your savings and push back the early retirement plan, yes you'll need to look at expenses and rationalise. Yes you might not be as employable as you thought.

I don't mean to be callous but if you've just lost your job or will find it harder to find your next one you need to wake up to this reality asap. This too shall pass and we will be back to boom but until then get your life in order.