You’re 100% correct but it’s easy to dismiss because it devalues individual perception of how one thinks their company values them. Most of us aren’t special is the reality. Few are special and irreplaceable.
I assure you that if any of us got hit by a bus tomorrow, the company would send our next of kin flowers along with “thoughts and prayers” and have an open req for our position before our body got cold.
Three months later, you would only see our name brought up in the occasional “git blame”
Whether the company “cares” about me is irrelevant. I need for them to put money in my account at the agreed upon intervals. I have family that “cares” about me.
Thought experiment: if the company you worked for that you thought “cared about you” told you they couldn’t pay you would that care be reciprocated and would you work for free? A 30% pay cut?
My wife “cares” about me and I her. I know for a fact that she would make sacrifices for me even it put her in a bad spot temporarily.
I’ll leave my job at the drop of a dime and they will get rid of me as soon as they see my contribution to the bottom line isn’t beneficial to them. I would hope that the bar would be much higher for my marriage - ie “the person I want to care about me”