I worked for an airline when 9/11 happened. My airline’s response was that two weeks later to lay off a bunch of people.
I worked in the phone reservations department and while they only laid off a few incompetent or other problem people among the reservation taking people, they decided to lay off two supervisors.
They thought all of the supervisors did a good job, so they laid off the two with the least seniority.
After I heard this I asked why they wouldn’t just let them go back to being reservation takers (one had only been a supe for about two months) all they said was that they couldn’t do that.
Better unemployed than demoted I guess? Corporate logic at its finest.