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If you get laid off "ethically" (as in the company really does have budgeting issues and they really are trying to weather the storm and they really are cutting back your role which isn't critical to continued business operations) then there might be potential options to come back in the future if the business can course correct.
If you're getting laid off because they're too cowardly to fire you, yeah. There's no position to come back to.
Yup, I got hired back a month after being laid off. My job search didn't pan out well so I was glad.