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Temporary. Everywhere, not just big tech.
There is alot of truth in your comments. We were taught that the company rewarded loyalty, determination, sacrifice, etc. But it is based on the culture and not so much as policy. Policy is used only as a tool to get rid of someone who has offended a new manager or the friend of one.
How would you explain working for a major company, when the year before you earned 17-18 power of you awards, with each one worth $25.00 to $250.00. Only to be told the next year with new people new leaders in place that your work is suddenly not up to par.
You find a quality and safety issue that cost the company a good deal of money to pull off the shelves and should have cost a few people their jobs.
Co-workers, many you considered friends, to just turn the other way while you got burned. No longer company loyalty providing the attitude of the bosses only their desire to see you gone. Then about a year later the cover up was exposed and the company terminated the plant manager
Department manager, line manager, not forhaving participated in the cover up, but for being outsiders and convenient.
Loyalty would have come to me and offered my employment back.
I guided my life around loyalty. But not certain I will anymore.
So temporary and fleeting. I refuse to bend over backwards for a company anymore. Trust no employer.
Feeling that as well
The longer I’ve worked in the civilian space, the more relevant this scene from Office Space has become.
https://youtu.be/to_e1N4xovQ?si=Y92mAnJvBEJ3spt9
A lesson I learned early in my career: You owe loyalty to no one
so tempo
What loyalty?
In my experience, loyalty is nonexistent with a company regardless of industry. At best there is potential loyalty between individuals, leadership or co-workers but even that is limited and trusted at your own judgement. I've seen many aspects of, "insider investigations" and it's not just big tech that is always watching and looking to cut employees. But to further address the intent of your question, some industries are more volatile than others, so it can be more common to be laid off, regardless of your performance. But I empathize, because it really is a strange sense of betrayal to have an entire system in our society to imply that working hard and going above and beyond will earn you some sense of stability but the sad reality is that we are no longer is an actual capitalist economic environment that promotes fair competition, open market innovation through risk analysis and ownership, or loyalty to people(customers or employees).
In business, either you're making the company money or you're saving the company money. That's it. As long as you're doing either one, you should be generally good. At the very least, there is trust to the degree that you're doing either one. The moment you stop doing either one, either figure it out, or consider your days numbered. It's just business. No more, no less.
Always keep an eye open for your next job. No employer is loyal to the staff these days.
Doesn't matter where you work, the plain truth is that the employee sale his time for money, period. Then is up to you when to stop selling your time, 4, 6, 8 hs a day five days a week? overtime? 80 hs a week? is up to you.
Loyalty and all nonsense some people talk is just that nonsense.
I learned the hard way (even that I used to have one work as employee and the I was an entrepreneur), what we as individual has to offer is time, and this is limited, so be wise and find the sweet spot that work for you between work and rest, if where you work doesn't align with your priorities, move on, don't be on those places that 'innocently' use guilt about laziness, etc to get more time than you are comfortable with selling.
God bless you.
This isn't the mindset of a business owner, the complete opposite in fact, they only expect loyalty, and generally, you'll get it back, by way of salary. Once your utility runs out, well, the obvious business choice is simple, and there's often no love lose, and from experience if you play their game, then you'll earn even more respect.
Sorry to hear. There’s no loyalty from top to bottom—just bottom-up, driven by the hope that something good will happen, but all you get are false promises. I was there and did that longer than you. The problem is there are lots of bad executives out there who think they’re above the rules. They’re difficult to catch because they are skillful cheaters.
Loyalty might be outdated but when it is who you are, then you too have become outdated. Makes finding a new job tougher. Used to believe that 40 years of work would have made a pretty good retirement only to find that a family can no longer afford the confidence that your 401 is enlightened.
They don't care about loyalty and dedication, you have to always look out for yourself first and be your own CEO. Loyalty and dedication seem to be relics in today's realities.
Such a tough lesson to learn. Having worked for over 40 years I was inclined to scoff at younger workers who will jump ship for a pay rise or draw the line at quitting time and not put in extra time or effort. But this is a natural response to the realization that a company will dump you with a minute's notice. There is no loyalty. In either direction.
Businesses only care if they can trust you with the work they give you for as long as they can. Make the most out of it. Be grateful for the opportunity, but that's all you should expect. Unfair? Who says life is?
Honestly, layoffs taught me the same lesson, loyalty in tech often feels one-sided. I don’t think it’s earned anymore; it’s maintained only as long as incentives line up. So now I give my best work, but I protect my peace and my plans first.
As an employee of any company, we are consumables, to be used as needed until no longer needed. Clearly this fact does not indicate stability for the employees, but many companies operate on this principle. Temporary is the norm.
I went through the same thing for 15 years. These days, I just dont believe mgmt in non-tech departments. Sales, CS, just dont believe anything anyone says cause I feel it's all driven by money and growth. If you are not making the company constant flow of cash, you can be lied to. For jobs that are hands-on, break/fix, get your hands dirty; I believe you can build loyalty in those. Like PM's who need arch, network, SE's, etc. You get your work done in the product, gets the thumbs up, make your team/mgmt look good. I have seen just lies by the other side time and time again. All of it makes me miss working in non-desk-remote gigs like logistics. You have a job/tasks/projects to get done; without the team working together, they just dont get done. Much more accountability, lot less time by the water cooler, gossiping, etc. I get work life balance, but I refuse to waste my time doing meaningless work that results in BS or just some guy saying "well that's great, but did we expand? make money? etc..." it's not always about money. I also dont even like crossing paths with people who never dug in and actually did hard core work but will say "I remember back in my (insert techie word here) days......" Stop with your war stories. You were a secretary.
Loyalty and hard work is a dead concept these days. Employers will replace you with cheaper labor in a heartbeat. It doesn't matter how long you have been working there.
Ditto: 30 years then a restructured "see ya". Trust is earned, but (facing facts) its a target rich environment & everyone is looking to cut corners. I would, however, agree with the idea that if you rarely look your employer in the eye, loyalty is fickle.
There are very very few invaluable employees, but thousands of employes who were given, in retrospect, poor project assignments. :-)