“Good or bad, the ‘churn’ seems to be reaching unprecedented levels as companies that once might have retrained employees for new roles, or waited for them to leave via attrition, are now jettisoning them to make room for new blood,” said the Wall Street Journal.[i]
[i] Barta, Patrick, “In Current Expansion, As Business Booms, So, Too, Do Layoffs,” Wall Street Journal, March 13, 2000, p. 1.