http://jobs.aol.com/articles/2011/12/07/the-biggest-corporate-layoffs-of-all-time/
All happened at or near a recession. I checked two (Daimler and ATT) and both represented about a 12-14% RIF. Sound familiar?
So a couple of takeaways if 4k-5k is real
1) Q has issues. (Obvious to all insiders. Too many cooks to make a cake. It's probably why they we are getting cupcakes today
2) All thise companies are still around so if you survive the cut betters days are likely coming
3) Recession not here yet so you still are in a good market to find a place less messed up
4) Time to buy puts!!!
5) Always,and I mean ALWAYS have your resume updated and circulating. The company you work for is always looking for the next best thing. You should too
Better days are coming no matter where you land!!!