> I do think the idea that you're owed a job at a company forever is wrong.
Forever, sure that is wrong. However, there is some expectation of constancy. Simply because people tend to make choices based on the status quo.
What makes things worse is that signaling that lay-offs are coming, either for specific people or in general, really harms productivity. This is because people start infighting and lose morale.
Hence, companies have reasons to announce these things late. This means it becomes harder to trust statements by employers about job security.
Forever, sure that is wrong. However, there is some expectation of constancy. Simply because people tend to make choices based on the status quo.
What makes things worse is that signaling that lay-offs are coming, either for specific people or in general, really harms productivity. This is because people start infighting and lose morale.
Hence, companies have reasons to announce these things late. This means it becomes harder to trust statements by employers about job security.
When firing happens, this distrust is amplified.