Here are some great quotes about layoffs and why they're not always the answer:
Downsizing or doing layoffs is a toxic solution. Used sparingly and with planning downsizing can be an organizational lifesaver, but when layoffs are used repeatedly without a thoughtful strategy, downsizing can destroy an organization's effectiveness.
How you treat people really matters - to the people who leave and the people who remain.
One outcome of downsizing must be to preserve the organization's intellectual capital.
How downsized employees are treated directly affects the morale and retention of valued, high-performing employees who are not downsized.
More from the article can be found here:
http://humanresources.about.com/od/layoffsdownsizing/a/downsizing.htm
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