The two aren't unrelated. In the distant past companies had professional and personal development programs. Some even had a commitment to try to avoid layoffs.
When MBA culture took over in the 80s it became normal for companies to act like extraction machines. Employee loyalty crashed, with a corresponding increase in churn.
Taking investment money makes it hard to create a humane culture. But smaller private companies do at least have the option to consider it.
When MBA culture took over in the 80s it became normal for companies to act like extraction machines. Employee loyalty crashed, with a corresponding increase in churn.
Taking investment money makes it hard to create a humane culture. But smaller private companies do at least have the option to consider it.