http://andreyf.tumblr.com/post/69289027/shitty-day
Everyone was bummed out (especially those who had to make the decision). I've never really been fired from a job, but I imagine it must be soul-crushing, maybe because it feels like such a "judgment from above". From a management perspective, it puts a spotlight on the shittiest part of companies, also - it destroys the "we're in this together" spirit, and draws a strong distinction between "management" and "workers".
What kind of corporate structure would let people decide to leave on their own, not have someone force them out?