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How do you cope with laying someone off?

This a question to people who have done this from a position of management. Honestly, I'm really struggling today and could use advice.
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JohnOinger · 41-45, M
@Turtlepower What Do you like about me
Turtlepower · 36-40, M
@JohnOinger I like your humor and persistency sir. You're one of my favorite people here.