You never want to see someone lose their job, and as an executive, it is challenging to see beloved employees go through the process. However, layoffs and downsizing are often necessary in today's business climate, so it's best to prepare for this scenario.One issue you'll encounter during a period of layoffs is declining employee morale. After all, your workers are friends with the people being laid off and don't want to see them go. They might also believe they…