WOW! Complete turmoil at the company

So it has begun. Yesterday the company which I work for was hit was a massive lay-off. Yes there has been visible scale-backs in certain areas and some random firings as well. And of course the scuttlebutt is always running like wild fire. But I don't think people really expected it to happen.
And it was so vague with how they decided who to let go. People who had been with the company for quite some time were let go, part-timers were let go. Some managment and union members were let go. We just got a memo sent out that the transportation service (for long-distance employees) will be ceased in May. So like I just said to a friend of mine, that will force people to commute ontheir own dime, and cause possibly more employees to stop working for the company, cutting posistions. It makes you wonder.