Lay-offs

“A recession is when your neighbor loses his job, a depression is when you lose your job” Quoted in Time, 22 Feb. 1954. Frequently attributed to Harry Truman, but the earliest evidence of Truman’s using it is later than 1954.
A quote copied from internet. which is 100% true.

I am hearing a lot of things like ... lay-off at this company ....so many people laid-off in that company.... X company to lay off Y number of people in z number of years and so on. All these were a NEWS items for me till last week, when i saw a lay-off at my company. I had a meeting with my program manger in the morning and life was going as usual. I went to the kitchen & got myself the coffee and was entering the lab when i saw my program manger being escorted with his Manager. I couldn't see the expression on his face.

For few minutes i felt so bad about him. This is the first layoff of this kind i am seeing(Earlier i have seen the layoff of my roommates, but then the scenario was different). When the economy is doing bad and when the no job in any company, this lay off would cost you more than ever imagined. All the weekend and throughout the week my mood was down. Thinking & Re-Thinking of whats happening around me. Some greedy buggers betting money on something have spoiled everything, literally everything. They have screwed up almost everyones life around the world. I feel only hard core communist countries are least affected by such things. The system has been systematically screwed up to an extent that it would require lots of lots of efforts to set it right.

With a Hope in my Heart that it would be alright after a while, i am moving on & Wish all the best for the people out there.