We really should be questioning how companies are allowed to grow that large before generating a profit.
If your company's revenue expenditure starts growing to around 1% of the GDP of a small city and you're still LOSING money, at what point and how much employee-risk needs to be taken on for you to prove your business model?
Also crazy that any of these employees ever felt secure. headcount in the thousands to tens of thousands and operating in the red? That's chum in the water.