lay off Pros and Cons

The new company might think, "why you got laid off not others?" If you were in lay off in the past two or three jobs, that might raise a red flag to the hiring manager. If you were laid off only once, do list specific reason, such as "the whole group was cut".

Also always focus on the positive side, "I quit so that I can recharge myself", etc. "During my time between jobs, I focused on learning xxx"