At the tail end of a massive maintenance shutdown (16 hr days for everyone, for 2 weeks) the mill leadership started a site-wide meeting with pictures and stories of their recent trip to Japan. How they went golfing, the great meals they had, their trip to the mountain, etc. They finally wrapped that up and proceeded to tell us that cost of living raises were going to be small that year due to them being “unsure about next year’s profit margins”.
There was a pretty steady wave of resignation letters for the 6 months following that meeting.
It’s almost always better for a company to have resignations than layoffs.
So it’s kind of always been a thing for them to “encourage” resignations with shit like this, then hire back new people later for drastically lower salaries.
It’s what a lot of places are doing now mandating return to the office.
