[quanticle]

>The reason the Valley is different is because if you have 35% turnover at most companies, you're out of business

Really depends on the business. Walmart and Amazon have considerably greater than 35% turnover. Yes, 35% turnover is fatal if you're trying to do specialized, high-skill work. However, most businesses are not doing specialized, high-skill work. They're doing the routine work of delivering the goods and services that people need every day to live their lives. 35% turnover in that situation is arguably an advantage because it prevents bonds from forming between employees. It's a lot harder to organize and form a union to demand rights when you don't even know if that person you're talking to is going to still be there a month from now.