That's a combined 400,000 employees out off a job in one day. I wouldn't wish that hardship on those people all of a sudden, and that's before we consider the wider ramifications to the economy from those people being unemployed. Then there's all the people and companies, non-profits and NGOs that use theiur services which would run into major problems.
I would be be tempted to think perhaps you just glossed over that, because the alternative appears to be a complete lack of care for others, but as you've noted you've thought about it. Carefully.