Saw this years ago when I worked for a retailer that filed Chapter 11. Lots of people with important sounding home-office jobs suddenly found they were expendable. At least out in the stores they needed somebody to show up with a key every morning to unlock the front doors.
I work a one-deep job that isn’t the best but provides some security; I couldn’t imagine working a job where many others do exactly the same thing as me. I’d never sleep at night, and never assume I’d have a job the following week.
No wonder Americans don’t have families or buy homes...
I have friends who retired from Target a year ago, and they couldn't be happier to get out of there.
Many years ago I started a new job at a magazine on the very day they let hundreds go, including five (5!) VPs. I honestly don’t think anyone noticed, in terms of productivity. That’s what happens when a company grows: little fiefdoms are built, and generally last well beyond their usefulness. Then someone wakes up...