Why bailing out companies doesn't help people recover from economic shocks of COVID-19

Link to the article: https://www.weforum.org/agenda/2020/10/governments-stop-bailing-out-companies-readjust-incentives-and-support-people/
An unusually libertarian article I found in the World Economic Forum (WEF). Why Central Banks should not bail out companies. Besides the obvious economic arguments, the author also explores the moral consequences.