Interesting because "them" very much have an antagonistic mentality vs "us". "Them" would fire you in a fucking heartbeat to save a relatively small amount (10%). "Them" also want to aggressively pay you the least amount for which they can get you to do work for them, not what they "value" you at. "Us" depends on "them" for our livelihoods and the lives of people that depend on us, but "them" doesn't doesn't have any dependency on you that can't be swapped out rather quickly.
I am a capitalist, don't get me wrong, but it is a very one-sided relationship not even-footed or rooted in two-way respect. You describe "them" as "leadership" while "Them" describe you as a "human resource" roughly equivalent to the way toilet paper and plastics for widgets are described.
If you have found a place to work where people respect you as a person, you should really cherish that job, because most are not that way.
It's everyone's personal choice to put their own lens on how they believe other people think - like your take on how "leadership" thinks of their employees.
I guess I choose to be more positive about it - having been in leadership positions myself, including having to oversee layoffs as part of an eventual company wind-down - but I readily acknowledge that my own biases come into this based on my personal career experiences.