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.
Seen it numerous times since the mid-90’s.
Preferred folks will stay because they’re part of the in-crowd (hard to know what that is, but it’s senior management building their own little fiefdoms).
The performers have options, so are either part of that in-crowd, or have opportunities elsewhere.