I have less sympathy for decision-makers who are stressed than the people who’ll be fired first, and have less mobility. Or safety net.
I care less about the motivation rather than the action.
And what exactly does it mean to "compete"?
You could have a straight up communist for a boss that completely shares all profits, but if the business doesn't extract labor value and expand as aggressively as other businesses do, it'll eventually get eaten or lawfared to death, or priced out, or closed out of deals (e.g. small player in chips related business).
So the only way to prevent industry wide redundancy at everywhere except the 1% largest companies that survive (which will also be laying off people but not completely closing down), is through organized labor. Or, I suppose, completely restructuring the economic system, which I'm very down to chat about as well, but the labor organizing feels more achievable for now.
When have you ever saved the company money and been given a bonus that was even 1/10th of that money?