"Hahaha! Bye, bye, contractors! Thank goodness!"
That's a relatively disgusting thing to wish upon anyone, almost subhuman with complete lack of empathy. No one should wish anyone to lose their job, ranging from a janitor to upwards to an executive. Sure one can weather the storm a little better, but no one should cheer a job elimination.
At the end of the day, if you support job cuts, it says your pro-mega corporate capitalism, and a traitor to your everyday friends and persons, whom are most likely just like you - trying to put food on the table and send their kids to college. I wouldn't want to be in that camp that thinks they're better than another, as karma has one hell of a way of coming back on people.