A great alternative would be operating a company correctly so you don't end up in a situation where you need to cut 30k jobs at once with no notice. That's a bizarre thing that's becoming practically normalized in the USA tech industry.
And I don't mean this in a mean or evil way, but (of course there's a but) I wonder if this would motivate people to work more effectively as well. My organization has had cuts lately, but it hasn't in a decade. It has been transformative. People are reminded that their jobs depend on them showing up and being valuable.
I don't want people to be scared for their jobs. Perhaps this cycle creates false security, though. There must be a balance in here somewhere.