Why? Because that makes the average editor pleased with themselves? I'm sorry but I can't eat or wear that as a hat.
Personally I don't want companies to self-sabotage by not laying off people when they need to. Worst case you'll have companies file for bankruptcy en masse after turning human resources into hot air useful to nobody: now we've really fucked up. The more efficiently labor is allocated in an economy, the better everyone will be off.
And yes, I recognize that high churn through frequent growth and contraction phases is also inefficient, but bad leadership is a tangential issue at best.
But more importantly, layoffs are rarely just about cutting costs. They're often called "restructurings" because that is exactly what happens - usually whole departments or positions are let go when a company decides to exit business lines or make a significant change in direction.
Layoffs suck, but keeping folks around when there is basically no useful work for them to do isn't a solution either, it's just kicking the can down the road.
If that sort of firing happens you have bad leadership and the company is screwed anyways.