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In many, many different ways. It can be bad whether you are one of the ones laid off, or one of the ones retained. It is stressful to have a change in employment, or to see one of your friends go through the stress of a new job. Some take it well, looking hopefully to the next job. Some get angry and say all the mean things that they wanted to say while they were working there but didn't until it couldn't affect their jobs anymore. Some are relieved, and thankful to have a severance package instead of having to quit. Others wonder what they will do with less meaning in their lives because they loved their jobs so much.

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