Originally Posted by
GoneMissed
You made some really great points. However; I would also like to add that most professionals ,who get a lay off notice, will eventually be able to find a job at similar pay at another employer. In aviation, one will start again at the bottom of the totem poll regardless of experience level if their employer closed shop (I.e. Comair, Compass etc.)
Most professionals, once laid off, have to find a new employer because the old one will generally never hire them back. In many cases a downturn is viewed as an opportunity to clean house, or even if they had no choice, they're concerned you might hold a grudge... they'd rather just hire an eager, untainted youngster.
At least in aviation you get recalled in seniority order, if the airline still exists.