Twoballcane,
I have to disagree.
In the real world, management are very much capable of letting go skilled workers and very often do.
It is the natural reflexive response to short term problems and how convenient management find the "obligation to the shareholders" as a justifcation for some really stupid actions.
"slash and burn" management response to short term problems often sees wholesale losses of skills.
All too often it is the most experienced people they "let go" simply because they make the most impact on overheads.
Casualties:
[ul][li] Investment in new products, plant and equipment.[/li]
[li]sales and marketing, R&D[/li]
[li] production engineering[/li]
[li] the future[/li][/ul]
Then the company closes or gets sold and "rationalised".
Think about it in terms of product life cycles.
New product: R&D skills to devlop it which become surplus to this product once the product has been developed.
Production requires another set of engineering skills to get all the manufacturing bugs out. Now these guys are surplus to requirements.
Now you just depend on sales to sell it and manufacturing to make it "monkey-see monkey-do" fashion.
In a well run company one new product follows another and as any skills become surplus to one project they are picked up by another.
But one of the first casualties of "hard times" is investment.
Once that investment goes, all the skills go. Everything gets dumbed down and products become "cash cows".
Sales and marketing follow a similar skills curve until management pursuade themseleves that "80% of sales come from 20% of the client base".
This unfortunately leads to the view that you only need 20% (or less) of the sales force and no marketing.
In tough times these go near the head of the "let-go" list (often before engineering).
Next, having cut the overheads to the bone, they decide to improve profitability by increasing prices (they lost the skills set to reduce costs).
Sales drop.
Prices go up again.
Products that can't survive this get dropped and any staff that support them. Spares etc get written off (reduces the inventory... for some reason tht lost value is a benefit in the accounts?).
Some companies achieve skills loss simply through ill-conmceived policies such as ageism... someone decides that bright young minds are the future of the company and a sort of corporate self-inflicted amensia takes place.
How many products and how many companies met their end well before their time simply because of poor management?
OK, the whole world isn't like this but it happens enough to know that there are good companies and bad companies and more bad than good and in this world skills regularly get let go.
JMW