I think this reflects a general erosion of trust between employers and employees, which I blame Corporate America for. It used to be a tacit agreement in the workforce that if you worked hard, the boss and the company would take care of you. This illusion has been shattered first by the employers (outsourcing, at-will employment, gig economy), and now the employees (ghosting, switching firms without notice). The lack…
> This illusion has been shattered first by the employers (outsourcing, at-will employment, gig economy), and now the employees (ghosting, switching firms without notice). This wasn't an illusion, companies actually did take care of employees and had pensions and full-time jobs and retraining and stuff. Also, ghosting and employees bouncing is a symptom of the employers not providing any loyalty to their employees. B…
I've only been around for a little more than 3 decades, but I've seen many markets and businesses be transformed. Vastly fewer numbers of travel agents, many retail establishments, tv channels, secretaries, hotel front desk, self check out are needed. Not to mention the effects of a drastic drop in birthrates.
https://www.nytimes.com/2018/08/04/business/shrinking-stock-...