I experienced just the opposite: in 2008 at Google we were extremely grateful that there were no layoffs. The only change was that we had to drink cleaned tap w

I experienced just the opposite: in 2008 at Google we were extremely grateful that there were no layoffs. The only change was that we had to drink cleaned tap water instead of bottled water (and of course there were still people complaining about it :) ), and we got a chance to reset our options at a lower base price in return for resetting the 4 year timer as well (it was a great deal of course).