I guess there are a few ways to answer that...
Layoffs are generally consider a good thing. That's 1000 less people on the payroll, so profits should rise.
Another glib reply would be to say "what are 8 more, when the US is responsible for 700,000+ deaths in Iraq since their unprovoked invasion began?" Check out this article from one of your papers (a year old now)...
http://www.washingtonpost.com/wp-dyn/content/article/2006/10/10/AR2006101001442.html
BTW... it helps to specify where you live when you ask questions like "Are WE going to stay...?" If I didn't check out your profile, I'd assume that you were Israeli, since Yedda is based in Israel.