If you are going to do layoffs, you do it once. Rip the bandaid. Two or more, and you are seriously affecting morale and productivity. But, if that happens, I'

If you are going to do layoffs, you do it once. Rip the bandaid. Two or more, and you are seriously affecting morale and productivity. But, if that happens, I've learned from the Twitter-related threads here that it's best to volunteer and take a nice severance, as those go down to almost nothing if you wait and get caught in the later rounds of layoffs.