Instead of getting more job security the more time we spend here - considering the extra experience and know-how we accumulate - it's our chance of being laid off that increases. What other company can't wait to get rid of employees who know the processes the best? I can't think of any. It's ridiculous, but that's where we are.
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Practically every company that runs into financial troubles does this. If they started with the newer folks, they'd have to lay off twice as many. Not ideal, but it's a survival move.