How do I explain a layoff in interviews? - 10 months and counting

My whole team was cut and I want to say it calmly. I am in Austin, in case local advice matters. I also do not want to seem like a risk.

Thanks for writing this out. I went through something close to it last year, and it settled down once I kept a simple log of every call and form.

If a company has been in the news for layoffs, you can mention that. Often the interviewer already knows.