Sorry to those that lost their jobs. To those that remain, why are you sitting around waiting for it to happen to you? It’s better to be in control of your own destiny and find another job now. If you are a talented, hardworking employee, you’ll be able to find work someplace else. At this point the only justification for staying is if you thought it through, already came to terms with being laid off, and just want to collect the severance package on your way out. But to stay because you think you are safe, or that things will get better, or that your work will be appreciated? Don’t fool yourself. Was your work appreciated so much that you got your full bonus or a raise this year? If you did, then you are safe. Everybody else needs to consider their options because the company is in the process of considering them for you, without you even being at the table.