Es,
I have no doubt that you both WILL make it through this tough time. Nevertheless, it is a difficult thing to go through. My husband and I both were affected by large corporate downsizing after many years of service. It isn't fun, and I remember clearly the daily stress that went along with the after effects of him being put out in the cold and the "will I have a job next week" mentality that I endured. I ended up leaving the same company on my own initiative after riding the "right-sizing" roller coaster for two years.
Both of us found new opportunities in a reasonable amount of time. As soon as the one door was closed, many more seemed to open up.
(((((HUGS)))))))
Kristen