• Seleni@lemmy.world
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    10 hours ago

    This is intentional. They are doing this to force people to quit without firing them.

    As a bonus, the people who leave tend to be the most skilled, and thus the highest paid, making their bottom line look even better!

    Of course this also destroys morale, productivity, and long-term will probably tank the company, but as long as line go up now for shareholders/owners the ones at the top don’t care. After all, they’ll just walk away with their golden parachutes guaranteeing a safe landing.