It depends on the layoff I suppose.<p>I mean each time, the survivors all do the &quot;wow this sucks, but at least we made it&quot; motions. Then a portion of them go grab a beer and inevitably talk about what a mistake it was to lose person X and the disbelief that useless person Y is still around. Then a portion of them talk about finding work at a better company.<p>The one time I did leave, I think the entire survivor group went through the above ritual. There was a lot of anecdotes revealed by various people that pretty much convinced everyone to leave before the next round.<p>I have a sample size of 3 so now idea how normal my experiences are.