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this post was submitted on 14 May 2024
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Yup.
Sure, the long term productivity and quality takes a nosedive, but the shareholders don't care about that as long as the numbers for the next quarter look better.
What's worse is they'll make young upstarts feel like "heroes" for figuring out a problem that wasn't a problem until they lost all that senior staff.
Never realizing it wouldn't have been a problem to solve if they company hadn't purposefully shitcanned all that institutional knowledge and that they're being way underpaid for solving the issue.
Then this same cycle will happen to them too, when they're too old to change careers easily.