Being let go from a job is usually a life-altering experience for an individual,

Being let go from a job is usually a life-altering experience for an individual, often with far-reaching negative consequences.
-Should an organization feel a moral obligation to avoid lay-offs even when there are compelling economic reasons to justify them?
-When lay-offs are necessary, how can an employer handle it in a way that respects the dignity of the dismissed employees? What considerations should organizations make for employees who are not dismissed in a mass layoff?
(Minimum of 150 words)