Most of the time it’s fairly obvious that they have never run a business.
No, you ignorant homo, “forced” is a very good description of how it works. They were forced to layoff their workforce by the laws of economics, of supply and demand. If you had ever read a damn Econ 101 book, you would know that. CEO’s can’t just liquify assets to pay a labor force that the company doesn’t need. That depreciates the value of the company, and since the CEO is liable to the shareholders, who he is held responsible for increasing the value of their shares, he’ll quickly be fired.
Maybe next time you can explain to us the brilliance of the labor theory of value.