Sorry to hear the news.
Originally Posted by Bradford
I bit my tongue rather than suggest that fixing his crappy management techniques would be a smarter move than laying people off
If you have useful insights to offer, you might consider trying to negotiate a consulting position with them, at least as a transitional position.
Regardless, I'm sure you can turn this situation into a great opportunity somehow.
Do you know what their standard severance payout is? I'm pretty sure they should be paying out your unused vacation as well.