Company: "We've been checking offshore software development rates and will be cutting your compensation to $25/hour to be competitive".
Developers: "Nope".
If it's something so significant that most of your staff leave, then don't try to imply the blame is with the staff.
They are probably routing for the Russo-Ukrainian War to continue as long as possible. Makes for more "favorable" conditions too. The worst event for them would be if Ukraine joined the EU, with all that pesky labor protection laws.
This introduces possible outcomes like failed states, and counter measures like authoritarian strongmen to maintain modicums of stability. This can then lead to greater, unintended geopolitical consequences. And it all stems from a bunch of businesses trying to shave a few dollars off of wages...
Civilians are getting the brunt of it on both sides. Don't think for a second that Ukrainian forces avoid hitting civilian targets in some display of galantry. It's a brotherly war and nobody wants it.
I said something like "Yuck, who needs healthcare and basic life standards" and he sincerely replied "Exactly!"
Business is full of people like this. If it's not full blown sociopathy then it's definitely a grievous lack of awareness, turning humans into an inhumane abstraction.
They were doing great work for us but eventually, there was a business event where they left.
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"Business event" aka budget cuts? Benefit cuts? Change in leadership? Bad leadership?
People in the US often do not leave if things stay the status quo, managed well, and are given appropriate accolades for their performance. Absurd way to deflect blame and justify cutting fair wages