Studies have shown that cooperative enterprises (and probably capitalist ones with strong unions) choose the latter strategy while more typical capitalist enter

Studies have shown that cooperative enterprises (and probably capitalist ones with strong unions) choose the latter strategy while more typical capitalist enterprises tend to lay people off. One reason might be that economic recessions are an excuse for a manager to, from their perspective, permanently "increase efficiency", i.e. make remaining employees do more work, while for cooperative and strong union organizations, the focus is to preserve their social bonds and help each other.