In the last 7 years, I've worked for two major corporations that both claimed have never laid off employees… and to their records, they haven't have lay-offs.
Four years ago at company A, hiring stopped, silent layoffs occurred and weren't reported, I switched companies due to the fallout of layoffs and metric changes – I didn't want to be part of wave 2.. which happened only a year ago at the same company. Veterans and new employees alike were all fired both times.
Now, my current company that hasn't had layoffs with a fifty year record, top of our industry and we make well enough money in my department to pay of all of our expenditures with millions left over for only 5 employees (just one dept).
A round of firings/layoffs just occurred. Veterans and new employees alike were all fired.
Our economy is in shambles, benefits are being burned through faster than books during the age of Salem Witch trials, and time after time we get the stick.
Why would anyone want to work in these conditions? To just show up on a Tuesday and get laid off to make stocks look better.