While it's definitely no fun for those who are laid off, it's also psychologically distressing for the people left behind. Those developers can be grateful for

While it's definitely no fun for those who are laid off, it's also psychologically distressing for the people left behind. Those developers can be grateful for still having their jobs, but their friends/professional colleges are gone. You don't get the collaboration that you once had and a whole lot more work to do. The only benefit is if the office jerk gets laid off, but it generally is not a good situation for anyone.