How do I explain a layoff in interviews? - what worked for you?

My whole team was cut and I want to say it calmly. I would rather hear the honest version than the polite one. I also do not want to seem like a risk. What do you say?

I keep it to two sentences: the company cut my team, and here is what I am proud of and what I am looking for next.

Keep everything in writing and save the confirmation numbers. It saved me later.