Warning: This company will replace your ass so far without regard to your actual abilities or their current profitability.

Companies do not have human rights. They are a pleasant fiction the population allows because it's more effective than not having said rules. We the people can revoke those rules the moment the meta-idea of corporations no longer serve the public good.

In the US at least we seemingly have come to believe the corporation is the ultimate organism and all rights should be sacrificed for its eternal cancerous growth.

Not every company is a hungry startup trying to hustle their way to a billion dollars. Businesses also value stability, and stable labor is a big factor in pretty much every other field.

You don't get stability by laying off workers every 2 years .