One part of the company raises wages the other fires to increase profitability and reduce headcount. Both groups get a bonus and the group in charge of productivity get culled. Welcome to 2022
That only matter for the productivity team and that group gets fired because they are below their metrics. The hiring group just raised wages and they are doing all they can. The profitability group needs to get the numbers back on track and does the firing.
My understanding is that yes if their growth cannot be maintained because of labor shortages they will have to begin shrinking down to the size the labormarket can bear.
One part of the company raises wages the other fires to increase profitability and reduce headcount. Both groups get a bonus and the group in charge of productivity get culled. Welcome to 2022