Thread regarding Qorvo layoffs

Employees get laid off, while failed Executive VPs walk away with generous severance.
According to Qorvo's Executive Severance Plan, eligible Executive VPs may receive: • 12 months of base salary • Target bonus • Pro-rated annual bonus • 12 months of COBRA • Continued equity vesting for one year
Meanwhile, many employees receive much less after years of hard work.
If the company is struggling and layoffs are necessary, shouldn't the executives responsible for the business results be held to the same standard as everyone else?