Fun fact: Victorinox has been operating since 1884 and has never had to lay off an employee.

To avoid this they set aside profits during boom periods to supplement recessionary periods

What a novel idea.

https://labor411.org/411-blog/this-company-has-never-laid-off-an-employee-100-of-which-have-been-with-the-company-for-over-40-years/