Impact of layoff on workers

In about 350 words please answer the following questions include references and in text citations. What are:

The impact of layoffs on modern day workers.
If an organization announces downsizing, would the emotional impact be greatest on a) a worker who joined the organization immediately upon graduation five years ago; b) a worker who joined the organization immediately upon graduation one year ago; or c) a worker who graduated from school three years ago, but was laid off by a previous employer and employed by the current organization for one year?
Is telecommuting effective for companies? For employees?