Sometimes I think of performance reviews, metrics, efficiency studies, downsizing, rightsizing, layoffs, project reports, reorganizations, mission statements, vision statements, slogans, politics, etc I shudder and say thank you to RE passive income for setting me free. 

Lay offs also take time to impact the economy.And, on a global scale, we cannot forget that the world economy is intertwined and there are developing countries and fast growing nations whose GDP and whose economies are shrinking for the first time in decades.So for the moment, I think cash is kind, and it is wise to keep money ready for the upcoming opportunities.

No more meetings, conference calls, mission/vision statements, budget reductions, lay offs, reorgs, down sizing, status reports, presentations, project reviews, HR shenanigans, doing more with less, office politics, performance reviews, etc.

@Ola Dantis well I caught the REI bug a while ago but never acted on it....now there's more motivation after a year long layoff.....and yeah, 2008 who can forget?

They probably only need about $7 million injection which they were processing through the SBA but that loan wouldn't close until July and they ran low and had to lay off employees last Friday.

Right now the stock market hasn't reflected reality at all, you are just slowly seeing companies ease into layoffs. 

Recent growth in layoffs are more than service related jobs - but higher paying corporate jobs.  

With low mortgage and refinance ,it's like a lock for homeowner *not* to sell.This may change if there're massive layoffs in the public sector, but if unemployment goes up and inflation is up then most likely Fed will restart QE again.

Caterpillar is in deep judicial stuff on top of their plant closing and layoff announcements.

It was one of those degree completion programs for people who had associates degrees.By the way, I worked in the telecom industry for 3 years until I faced a devastating layoff from AT&T during the recession.