I am on my 3rd layoff in 10 years.
First one I had all sort of dirt on my boss who was kissing ass to climb the corporate ladder. I was a massive liability as I knew what a waste of space he was. They laid me off with some really week excuses and a years wage/benefits to keep me quiet.
Second one we got a new CEO who decided to make massive changes to the company "to make it more profitable". It hasn't shown a profit since and the layoffs are a yearly tradition now.
The last one was this past fall. Smaller company over-invested when times where good. Then the market turned around and they are in trouble. One of those small "family" businesses, me and 20 others got kicked out of the family.
So as of now I have my own business. I am on track to make 100% more than I ever have before working for someone else.
Just for shits and giggles I also have an interview tomorrow for a C-suite position in a tropical country. It's too fucking cold here.
The place was a toxic cesspool at the time. An investment group had purchased 7 different companies and forced merged them in the space of 3 years and went on a massive hiring spree. The company I started with was 350 people. The company I left was over 4,000 people
It was an illegal layoff that I could taken them to court over. However the in-house lawyer knew what was going on and made them give me one hell of a severance package to stop me from suing them. I basically got everything I reasonably would have gotten if I sued.
That ended up being the most profitable year of my life.
My boss ended up CEO for a few years. It didn't go well. They have 1/2 the number of employees now and 50% less market share.