We have been very conservative in my own business, and therefore while that means we have missed a few opportunities, it also means we have avoided some tough problems that is associated with taking bad business risks, or too much aggressiveness.

I believe ditto for these companies.

But while no layoffs is commendable, that should not be the goal of an employee.

Look rather for companies that is tough enough to let go of people who don’t perform.  It is these companies that are also growing enough to present opportunities for growth - which should be what a good employee should be looking for in a company.

No layoffs — ever! - Nugget Market (1) - FORTUNE

The global financial crisis has led many companies to slice payrolls, but these employers are staying loyal. Meet 9 of this year’s Best Companies that, as of mid-January, have never had a layoff.