Yesterday was probably the least enjoyable day I've had in my working life so far. I work in the IT department of a small mortgage broker, just me and one other guy. Yesterday I had to make him redundant due to the mortgage market being somewhat dead at the moment. Other departments also lost people, about a quarter of the company all told.
I've never had to make someone redundant before and it sucks. I've been made redundant before, and I suppose it is worse on a personal level, but to have to tell someone, sorry you're out of a job, is really unpleasent.