Yes of course but there are downsides to this too. Workers will certainly prioritize survival and stability, but sometimes at the expense of innovation, efficie

Yes of course but there are downsides to this too. Workers will certainly prioritize survival and stability, but sometimes at the expense of innovation, efficiency and growth. They do not really have an incentive for the company to do better, but they definitely don’t want to lose their jobs or make them much more difficult. For most established companies it is really not much of a challenge to prevent it from going bust if that is your priority, but it requires sacrifices, mostly opportunity costs.