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My bitter take is:
Currently the most important (perceived) ingredient to business these days are the shareholders.
I fear this frequently is trading long term for short term.
Middle Management is very exposed.
Upper management wants to cut cost quickly.
Hmm, I bet the (cheaper) people two levels down can be just as effective as the (more expensive) one level below ME. Off with their heads!
I suspect that this is going to do two things long term:
1) Create more entrepreneurs (as my brother told me when he started his own business: "I work for an *********, but at least I know I can trust him")
2) Start a change of mentality. If someone accepts a new job, screw tradition and that two weeks notice noise, I can start tomorrow! (Giving the current employer the same lead time that the employer (frequently) gives employees it does not need).
I know this is an emotional subject, and works best only if there is a reasonably good balance, but....
I am a bit surprised that unions have not made a bigger comeback.
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The world needs more Protest Singers
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