[brianwawok]

The "I would never do X" is a classic response of someone who hasn't had to be there and do that. I suspect if you ever make it to that position, you will reach a point where you either have to do a big layoff - or your company will fold. So it's rather likely that you will fold, and no longer be a CEO.

[adamsmith143]

If you think any of the companies that have done big layoffs needed to do so in order to survive I don't think you are paying attention to their fundamentals.