I had a really relevant experience in my ex-company. It was a small company doing video analytics and monitoring. It did well in initial stage and the pantry was stocked with real bean coffee maker, beers, sodas, and pastries. Then its business went down hill, and the beer was removed (beers are expensive in Singapore), then cheap beans were used, then no bean coffee but 3-in-1 instant coffees. Guess what was the ultimate items they scrimped on? Toilet paper. You read it right and I am not kidding. They swapped 3-ply to 2-ply and that was when I called it quit. The company went bankrupt after 1.5 years.

The lesson here is not about how much 'gift' it was taken from employees, it is more on the changing wind in the air that employees need to watch out for. If a company is so desperate to cut snacks, usually it means it has much bigger shit at the backyard that employees may or may not be aware of.