[elvis10ten]

Of course. However, the amount of time spent thinking consciously or subconsciously on a doomed project is minimized. The amount of time spent making decisions predicated on having the same job also. I can also savage any expensive holiday plans I made.

The keyword for me is the employer should let me know ASAP when something is doomed.

Again, this stress-free holiday with family is not a problem for me. I will rather be real about the situation than have my employer hide it for a month. They could give me an extra month of severance instead :).

Edit: I might be a minority on the earlier take.

I think the other argument that would affect other people is: these things always leak through gossip. When you hear of an imminent layoff and you don’t know if you will be included, it’s the worst type of stress.