Is this what late stage capitalism is like? I've worked for 3 successful Fortune 500 companies in the past 10 years and the idea of growing the pie and everyone thriving is dead. Time to be thankful I have a job and forget about orga actually investing in their people.

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Most organizations these days are fixated on quarterly earnings and what tales they can tell the Wall Street analysts on the earnings conference call. If you want to get depressed, read the transcripts of the ones for your employer. If you drill through the gibberish happy talk, it's generally about cutting costs and finding efficiencies and so on. Which means squeezing more out of the employees. But yeah, with all that's going on, it is good to be thankful to have a job.

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All because the investors think: layoffs = more potential profits. However, in the long run, there are replacement costs, lawsuits, and increased unemployment insurance.

That's just the way things are now. Everyone is replaceable, so there's no incentive for companies to invest in employee growth. They can afford to just work you into the ground and replace when needed. Keep your resume updated and start applying if/when you hear talk of layoffs and hiring freezes.

I really hope the next chapter is better. Not sure when it’ll come or what it’ll be like, but we’re definitely not in a great place right now.

I hope the next chapter involves massive startup cash for self employed consultants. Let's take our skills and setup shop.

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