Yes, you're anthropomorphizing far too much. An LLM can't understand, or recall (in the common sense of the word, i.e. have a memory), and is not aware.
Those are all things that intelligent, thinking things do. LLMs are none of that. They are a giant black box of math that predicts text. It doesn't even understand what a word is, orthe meaning of anything it vomits out. All it knows is what is the statistically most likely text to come next, with a little randomization to add "creativity".
Kind of splitting hairs, but a company that can let go of "scores" of employees and still exist is not a small business.