calm down folks- layoff keep stock price healthy - bourses love layoffs
As a company there are only 2 groups of stake holders we need to keep happy -customers and shareholder, costs keep customers happy and profits keep shareholders happy.
of employees- have u seen any happy employee in any company - No - no amount of salary can keep employee happy and so many of them are available waiting to kill boredom ans feeling of unworthiness we never need to worry about supply of cheap workforce
bye - be thankful for the good money u already got as employee