Everyone is optimizing their personal outcome, be it the CEO firing people, people quitting their jobs to work elsewhere, people quitting their jobs to live off of benefits, people having children early, or having children late, it's what we all do: look out for what's best for us.
I find that totally okay, but I prefer to be honest about it, and don't pretend that it's not perfectly normal, or that people aren't doing it.
In a sense it's the inverse of the "it's moral to steal bread to feed your family" argument.
Nobody has to be there to survive, everyone is there willingly because they saw it as the most advantageous place to work, and they'd switch to a different company tomorrow if they got the right offer. Loyalty is a term from a different era.
That said, I do find that people are fairly loyal to a company that treats them well.
Why do you find it OK for the ones to have power to leverage it in order to get even more? Where do you think this will end up if allowed to continue longterm?
At Twitter? That's hard to say, lots of places are hiring, and getting good people is hard for all of them. Many of those that were fired will probably come out ahead financially. Twitter will probably continue to exist.
> Why do you find it OK for the ones to have power to leverage it in order to get even more?
What do you think salary negotiations are? You go in, say you want even(!) more money, and if your value is high enough, you have the power to make them do it. Again, both Twitter and the employees are playing the same game, they're just on different sides of board, but neither of them is a charity.