These sort of comments always annoy me.
If you work at declining companies like Yahoo, HP, etc you should already consider your job lost. Just show up for the paycheck while planning your next move. This has to be what >90% of people are doing as-is. People aren't that stupid... are they?
This is CERTAINLY not the last round of layoffs at Yahoo as it positions itself for sale. Same goes for every declining business in every industry in every country in every era of business history.