Protecting jobs only makes sense in companies that will return to their pre-crisis revenues

We take the example of France, but this is a general question. Today's economic policy is obviously aimed at preventing bankruptcies and rising unemployment as far as possible (with short-time working, state-guaranteed loans, tax deferrals or cuts, sectoral aid, etc.). These policies can effectively prevent bankruptcies and a sharp rise in unemployment in the short term, and they are effective for companies that in the future will return to their pre-crisis revenues: they will have survived the crisis and will be able to put all their employees back to work. But this policy is ineffective for companies that will not return to their pre-crisis revenues, because permanent changes in behaviour are weakening demand in their business sector. For these companies, it is necessary to organise a transfer of jobs to other sectors for some of their employees. We also ha ve to accept that some companies will disappear, given the consolidation of troubled sectors.