I was laid off by Dell about six months ago and I can tell you that there is light at the end of the tunnel. I was able to find new job within two months, and I actually took a month to recharge my batteries.
I have one advice for folks in similar situation. Don't get fixated on big companies. So many startups are searching desperately for people with experience that you'll have no issues finding a job. I make maybe 15 percent less than at Dell right now, but everything else about my job is at least ten times better.
Just spread your net a bit further than you might usually do, and you'll be okay.