No, because that was their risk to take in starting a business and if it fails the worst position they are in is the exact position their employees were always in. Businesses should have no guarantees, individual people on the other hand probably should, if not for moral or ethical reasons, just for the fact that it improves our economy, our culture, and out entire society.

Artificially supporting failing businesses has negative consequences upon society, supporting a struggling individual has positive benefits to society.