Many businesses are forced to scale back operations or pack up , and an increasing number of individuals are expected to lose their jobs

True, it's needed for this businesses to cut the numbers of their employees since they are starting back and most of the time the numbers of productions is not that much, corona effects bring hardship especially to small players/businesses.
Government also needs to act and anticipates this providing assistance to both employers and employees to survive while trying to cope up and recover a normal life.
i think employers not need assistance anymore but the one that need assistance the most is the employees or the workers because they are the ones that lost thier job . employers or business owners do already have some wealth because they own a business anyway . we shall not worry because many ex employees are now recieveing help from the government if not from thier ex employers . some permanently lost thier job while thankfully some are only on a leave and will resume once quarantine on thier place was over