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by analognoise 763 days ago
There used to be pensions - those people still cared deeply about the company after they left.

Nobody has pensions anymore, and as long as your 401k is in an index you don’t care if the building collapses after you walk out the door.

It’s been interesting to watch this dynamic in defense. There’s a lot of weird niche shit that’s absolutely critical and takes a really long time (and the right environment!) to become an expert in, but the turnover rate now is crazy. There’s an “old guard” (that has a pension) that kinda keep things running, but a LOT of them are retiring about now.