The ‘Dead Sea’ Effect
“The top minds at Corporate fired all their top sales earners. Within 30 days, sales tumbled by 60%. The big-thinkers at Corporate scrambled to RE-hire the big earners they had fired but they had already moved on. Circuit City closed down and was dead within one year.”
“I feel like that’s what creates the dead sea effect,” another user pointed out. “All the good seasoned talent heads out the door and now a bunch of less experience people pick up the slack. Then when they’re behind on numbers, you’re hiring more bodies to keep up and it never ends.” Interestingly, another Reddit user presented the other side of the story.