Interests and incentives align perfectly: make more money at the top (stock goes up after a layoff if the company isn't going bankrupt), crush employee's power

Interests and incentives align perfectly: make more money at the top (stock goes up after a layoff if the company isn't going bankrupt), crush employee's power and morale, afraid employees either work harder or quit. The price for that is just some more attrition and losing a bit of culture, both things that aren't priced in for their bonuses/stocks and so the C-level couldn't care less.