An alternative metaphor is this: imagine you got a dog, raised him, lost your sources of income and couldn’t afford to feed him. You kept him anyway out of pride or loyalty or whatever, and watched as he withered away without adequate resources to make him thrive. At the same time, others were looking for dogs and were fully willing to feed them and support them.
When companies don’t do thoughtful adjustments like layoffs, they end up instead in a cycle of slow withering, where the best resources leave and aren’t replaced, and the quality of the workforce slowly decays.
Layoffs may not be “fun” but they’re a necessary part of operating a successful company… and much better than the alternative.