Nearly two in five (37 percent) managers, directors, and executives believe their organization enacted layoffs in the last year because fewer employees than they expected quit during their RTO. And their beliefs are well-founded: One in four (25 percent) VP and C-suite executives and one in five (18 percent) HR pros admit they hoped for some voluntary turnover during an RTO.
Other than short term, greed most executives are extremely stupid.
It’s not that they’re stupid, it’s that their incentives aren’t the same as the long term wellbeing of the company.