It reminds me of that meme template. “I feel responsible for this layoff.” “Responsible enough to mitigate it or lay yourself off?” “Well, no, not that responsible…”
Treat people like professionals: admit that you did a bad job but that you’d rather protect yourself and not give up any of your salary/benefits and instead you are going to layoff your “family”.
They just forgot to mention it is a pretty dysfunctional one.
Samsung executives by contrast have a tradition of taking serious pay cuts during bad years. Which is still largely performative given their existing wealth and status, but is at least is a measurable material sacrifice.