Yeah but cutting stock compensation doesn't really do much for you anyway since it's not real in the sense that it's not an operating expense; it's not cash. The equity is conjured up and pre-allocated meaning the cost to business is in the dilution at grant time.

You could make an argument that either:

A) The company should issue more equity to pay for furloughed/laid off workers

B) The company should reallocate equity from executives to the furloughed workers. This may not be possible for a host of legal reasons, tbh, so I'm not sure it's actually possible.