Cutting Corners, Cutting Careers: How Executives Sacrifice Talent for Profit
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The phenomenon of top performers in IT frequently finding themselves caught up in layoffs is perplexing and disheartening. One might assume that the very individuals who drive innovation and maintain critical systems would be the last to face the axe. However, several factors contribute to this seemingly paradoxical situation, with corporate greed and financial considerations often at the forefront. One primary reason top IT performers are laid off is their higher salaries. As these individuals progress in their careers, their compensation naturally increases, reflecting their experience, expertise, and the value they bring to the organization. However, during economic downturns or periods of financial scrutiny, organizations often look for ways to cut costs quickly. High salaries become an easy target in these scenarios, with the mistaken belief that replacing experienced professionals with less...