"Is the short-term memory of the press and of the public, so poor that they cannot add 5,000 and 5,000 over the span of 2 weeks?" .. the answer, of course, is yes.
Particularly it is not over a span of 2 weeks, but multiple weeks. Do you remember which companies laid off people 4-5 weeks ago?
I am not saying it is right, but it is certainly, for better or worse, the way it is. I quit HP (that is even before HP split into HP Inc and HPE) long time ago. My advice is this. Don't wait till they drop you. It is a lot less stressful if you are looking for a job while you have one, not to mention, you probably can pick and choose a bit too. Nothing like a gap in our CV turns us into desperate people.