I’m glad I’m out of the rat race. My blood used to boil at huge salaries/bonuses/corporate jet expenses of our former CEO as he was cutting about 40% of the employees. But it’s not my problem anymore.
Had a friend laid off – just heard from my friend about it today. But it’s not the situation in the OP – they fired the CEO too. From what I hear – he’s a big part of the problem with that company.