What an emergency fund is for

Last week my employer started rounds of layoffs. I heard the buzz before the official notice early in the week and didn't know if I'd still have a job until Friday. Thankfully, I still have my job, for now. Another thing I'm thankful for is having a good chunk of money set aside specifically for this reason. If

That being said, I was physically sick with worry. Yes, I have a financial cushion, however I dreaded the possibility of having to find another job in this market.