You seem to be thinking in only the extremes "Drive people to suicide or go bankcrupt" and "Save the company, rainbows and unicorns". Get laws changed to allow

You seem to be thinking in only the extremes "Drive people to suicide or go bankcrupt" and "Save the company, rainbows and unicorns". Get laws changed to allow for the firing and since it would be done publicly you can make sure the populace would pressure the government to give aid to those fired. According to other posts it is apparently not as hard to fire state employees as is made out in the article but it costs extra money, so company paids the one-time redundency costs, shit happens, company eats the cost (and maybe the gov loans / bails them out to cover this one time cost) There is an entire range of possible options, presenting it as a black and white "Necessary evil to prevent $ABSOLUTE_WORST_CASE_SCENARIO" is justifying the worst behaviour.