Not really. It's a market. This is true if employees don't care. But if you avoid these places like the plague then it won't make business sense. Unless you're ok with never getting anyone to work for you.

Now if the company's business is failing it obviously can't keep holding on to its employees. Again there is a market question here. Just don't go work for a company that goes through cycles of bad business, layoffs, maybe it's ok, bad business, layoffs.

So it's really up to you if you want to play that game.

The company I work for, throughout its existence, has never been able to hire as many people as it wants to. Its business is doing great. It has had amazing growth with more growth in front of it. It's maybe not as glamorous as some.

I am sure there are plenty of places where there is a good business and you will be treated well. Let's not make it the norm to not treat us well, it's up to all of us. If none of us give this any consideration, ofcourse the market will evolve to fit what we do (I'm sure there'll still be people/companies that do the right thing anyways, but less).