I worked at Gap all through college and loved it. If I were to lose my job now, I'd go back in a heartbeat if nothing else was available. Maybe my absence is why the company has been doing so poorly...
All of my budgeting/saving plans are based on the 'what ifs'. And, I must say, if I lost my job and had to take a low-paying job at Gap, I would be fine. No cable or hi-speed internet, but I'd be fine.