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The minute you do any layoffs, you might as well lay off the whole joint because everybody forgets about the customer and worries about their job security.

But I don't want massive layoffs of anyone - public or private. We are planning on shrinking government through attrition and reform, not through random pink slips.

It's definitely a tough blow to your morale to get fired.

Most companies that go through layoffs are never the same. They don't recover because trust is broken. And if you're not honest at the point where you're breaking trust anyway, you will never recover.

There's ups and downs with boxing, layoffs are part of the sport and they can either help or hurt a guy.

Even when America's economy has been by all measures healthy and the unemployment rate low, some businesses suffer or fail and lay off workers. But nearly always, a simultaneous and even greater burst of new jobs has been created to offset the jobs lost - millions of new jobs every year.

A recession is very bad for publicly traded companies, but it's the best time for startups. When you have massive layoffs, there's more competition for available jobs, which means that an entrepreneur can hire freelancers at a lower cost.

In any given month, a large number of workers are being hired or are leaving their current jobs, illustrating the dynamism of the U.S. labor market.

In normal times, laid-off workers are unemployed an average of eight weeks.

Obviously we want to keep the jobs we've got.