I think my company is losing a contract and getting a different one. I haven't told my co-workers about the new contract because I want them to quit for fear of being laid off so there is less competition.
Why would you want your coworkers to quit out of fear?
Yes, the business is doing poorly so the company wants to cut costs.
It is wrong to hurt people and might harm your relationships if they find out. You should always tell people the truth.
Haha, yea. That is why I am leaving my job, the contract dispute will cause layoffs. I'm sick of working here, I need to go.
I understand wanting to leave the job, but you shouldn't hurt people in the process. Just tell them what is going on and let them decide what is best for them, just like you are doing for yourself.