> We have normalised firing of people. I don't know about the "developed" countries where people have social security, but for countries like India where there is no social security and stigma is associated with being laid off, it is a very difficult situation.

Not to sound crass here but it seems like you're fishing for virtue. Hiring and firing are normal. A company of 20,000 firing 20% of it's workforce sounds major but that's the industry. It's normalized because it is normal. The field of software engineering is so fungible 20% of employees losing their job is nearly meaningless in the current job market because you can throw and rock and find another seat to warm the next day. It's not like Ford closing a factory.

In other words, you need to relax and get out of your head a little. This industry is nothing like the factories. When 20% of factory workers lose their jobs everyone rightfully panics because it's not as easy to get another factory job (at least anymore...here in the west). 20% of tech employees getting laid off from a company is a nothingburger. 99% of these people will be able to take two weeks of free time and find another job for the same (or often better) pay. This is the definition of trivial.