I worked at such a place right out of college. Always claiming we were family and that they would take care of their workers. Then covid happened, they lost some money, and laid off 25% of their employees, including people who had been there 10+ years. Now I work at a big company and make 3x as much with similar workloads. Glad I learned early on that no company is actually a family and will put your needs above the needs of the company!