Oh come on! No one likes layoffs, but in a capitalist economy, it is a necessity from time to time. Regardless, the affairs how the owners run their companies should not be the government's business. People who run businesses have to live with the results, so they should have every right to do what they believe is right to keep it going. Are you suggesting that if there aren't enough sales to justify the current number of employees a company has, they have no right to lay off the excess workers? That's absurd.
Sometimes the consequences of capitalism are harsh, but they are necessary to keep the overall economy productive, innovative and vibrant.
Nobody is objecting to layoffs. What they are objecting to is going into a company, loading it up with debt, then firing the workers and selling off the equipment while leaving the banks and taxpayers holding the bags. Go ahead and tell me how it's capiutalism to have the taxpayer pick up thge tab.
That's communism my friend, that's transfer of wealth from the taxpayer to Bain. Redistribution of wealth is redistribution of wealth whether it is from the middle class to the poor, or if its from the middle class to the rich.