If you get laid off in most western countries you get ~10k over 6 months in unemployment benefits from the government + accrued vacation time and possibly more. Assuming you where ok financially before you started that's a long time to look for the next job especially if your cut down your lifestyle.
PS: It's often the case where people get a little warning and end up finding a job before they get laid off. From the companies perspective the trade off is a little more chaos up front for significant savings on unemployment insurance.
PS: It's often the case where people get a little warning and end up finding a job before they get laid off. From the companies perspective the trade off is a little more chaos up front for significant savings on unemployment insurance.