Company loyalty died out as a concept at least 40 years ago. I don't give EM management much credit these days, but I don't think even they would be d-mb enough to bank on company loyalty to drive retention. No one would be left.
That said I assume they won't bother to do anything in particular to improve morale or keep people around until attrition and a lack of a skilled work force is causing obvious problems for them. Then they'll probably over compensate.
If upper management had proven one thing over the last 5 years or so it's that they have no consistent strategy and stupidly chase trends. No reason to think this won't apply to personnel management either
They have changed our section so much over the last 3 years it literally looks like the diary of a mad man or woman in this case. Engineers have no more mentors, E sls are cowering to the operations and maintenance folks and engineers are left to fend for themselves. They have destroyed our section in less than 3 years. Telling upper management it’s working is the biggest lie I’ve ever seen in engineering but they will keep on until it bites em in the bu-t. By then it will be too late. Drawings are screwed up, engineering is screwed up all while the clowns fiddle and lie to each other till they believe it’s working.