A nice hearty story!
Yeah... You really feel like shit when you get laid off. Especially if you busted your butt for a company. That's how I became a contractor. In this type of working contract, you don't feel betrayed. You know ahead of time that at the end of the contract you will leave.
About 15 years ago I also experienced a bad case of a panic attack. I thought I was going to die, as the symptoms reminded a heart attack. But a friend of mine is a massage therapist of the extra class. He pulled me out of those attacks. Then, as strange as it might seem, a lady psychic was able to extinguish it completely, working over skype. I even wrote a story about it somewhere in the past. It was quite an intrigue as she told me something about my past life. Not sure whether to believe it or not, but the fact remains a fact. After her sessions, I never experienced panic attacks anymore. :)
RE: Retrenchment..........is it possible to survive.