I went through a lay off being a manager once. It’s not fun at all. We had the list and the metrics. But we were already pretty small and we really didn’t want to lose anyone on the list except for a couple people.
So we basically gamed financial. Offered anyone that wanted it part time. Fired the few people people that were clearly not interested in working anyways. We did something else that I can’t remember, and we ended up being able to fucking keep everyone. It was amazing.

Not even two months later we had to ramp up for the holidays, so everyone that willingly cut their hours went right back to full time.

Year later the company pulled out of the state. But until that time we kept everyone.