There have been companies which really acted like governments to their employees. Ford.[1] Pullman.[2] The US labor movement arose partly as a counter to that. And, for a long time, from about 1930 to 1980, companies backed off on that out of fear of unions and government.
That fear has been lost, and companies are more assertive in employee control. Abuse of non-compete agreements to make low-level workers indentured servants would never have been accepted prior to 1990 or so.
US labor history has been erased from public dialogue in the US almost as thoroughly as Tienanmen Square has been erased from public dialogue in China.
[1] https://www.autonews.com/article/20030602/SUB/306020843/the-...