It's not about compensation or personal circumstance, it's about not having corporations treating your job like a joke and removing you on a whim.

And as in this case, it would protect the company too from itself.

It might "not be the worst" but it's still something that's better done in a thought out manner after consideration and planning.

It's hardly the worst thing until... You just got a new kid and instead of being able to enjoy the first 3 months of life of your kid you will spend 3 months fretting about getting a job. Or maybe you just discovered you have cancer?

It sucks, everyone's life is a little different and it will suck for them a bit more or a bit less. The change for the company is losing some productive workforce, balancing the books, showing you are losing less money per day, etc. The change for a person is getting your life completely upended.

There's a noticeable power imbalance, why does the worker take the biggest hit to their personal life while the company gets to float away barely scratched?

Yes, these are tech workers, earning a lot of money, the power imbalance is still there, the class struggle is still there. Some solidarity would help, it might happen to you in a very delicate moment of your life...

On top of that, people are also more upset because the person taking this decision to upend thousands of lives is an asshole. And I feel that workers are getting pretty fucking fed up with assholes dictating their lives.