I don't completely disagree with your take, but people in this world have it pretty good. Most of the employees being laid off were taking home good paychecks for years. They had good benefits and they paid into retirement. According to the article, the company is going to pay on average around $125,000 in severance per employee.
Contrast this with the staff member at a university making $40,000 a year that gets laid off with little notice and no severance. Or the guy working in manufacturing that gets laid off because a major customer changed distributor so the company has to reorganize. Those are people having their lives upended.
Contrast this with the staff member at a university making $40,000 a year that gets laid off with little notice and no severance. Or the guy working in manufacturing that gets laid off because a major customer changed distributor so the company has to reorganize. Those are people having their lives upended.