>

But now they can hire cheaper less experienced people to do the same but lower quality work while making more profit! This is how large companies decline in quality.
Per TeamBlind they're doing so over 3 months.
Instead of a 5% staff reduction they get 100% of their staff panicking and interviewing elsewhere. Great thinking! >

If they quit and find a new job no severance! >

But then you get good workers, who weren’t going to get cut, leaving for elsewhere.