Emphasis mine
For those of you who are fans of management science, this shift can be characterized as moving away from an orientation on hierarchy and familial cultural norms and towards a more externally focused and competitive market-based culture. I understand that some of you may have started your tour with this company expecting an “employment deal” rooted in loyalty, tenure, and conformance with the associated compensation, work structure, and benefits. We have consciously shifted away from some of these elements and towards a more market-based culture — focused on rewarding capability, contribution, and commitment.
Curious to see what percentage of AT&T’s workforce quits lmao
This is sometimes a way to do a layoff without having to actually do a layoff, pay severance, etc. It’s generally not recommended though, because you have no control over who actually leaves. If that is what they are doing, they are likely doing it now because they feel the job master is to the point where people won’t have as many options to leave.
From what I understand you tend to lose the people who have enough experience or talent to more easily seek out other options.
Those are often the more expensive employees though so from a purely bean counter standpoint it’s usually considered a win. No business person wants specialized employees even if those employees are the reason you’re successful to begin with
These fucks will fire the people who built the company and give themselves bonuses worth more than the cost of the employee and then wonder why the fuck the company starts falling apart
They don’t wonder. It’s by design. The people who make money on quarterly earnings will get their bag, and the people who actually depend upon the structure for employment or services will have less and less. It’s just capital cannibalizing itself to try and fight the rate of profit. If you’re only invested as far as the next business year at most, then who gives a fuck what happens to the organization in another 2-5? Another reason why worker owned production is better. The services are run by the people who both benefit and provide them, so they have an incentive structure that promotes long term thought rather than a mercenary job to extract as much value as possible, even if that gets stripped from the walls.
Our company recently said that they’re obviously making RTO exemptions for “top talent” (read: me xD), so they actually might be able to control who actually leaves
I’d still look for a new job in that situation, the writing is in the wall at that point
Yeah, I know, it’s just that the market is not great at the moment and it’s gonna get worse
Yeah I definitely wouldn’t quit until you have an offer
Your employment options will only be what flavor of cop you want