Why should companies plan to weather this kind of thing? Honestly, holding huge amounts of savings is a suboptimal deployment of capital virtually 100% of the time.
Huge amounts of savings? It has only been a few months, and surely that would be considered an extremely tiny runway for a large national or international corporation.
But sure, if government bailout money is there for the taking, obviously many large companies won't plan for it.
Shouldn't the conclusion be that it isn't a reasonable strategy if it causes the company to fail after a couple of months of significantly reduced demand? This global situation is awful, but it's far from unforeseeable.