A lot of these morale problems happen after layoffs as well. If the layoffs are deep enough it makes sense to move the entire company to a different city and co

A lot of these morale problems happen after layoffs as well. If the layoffs are deep enough it makes sense to move the entire company to a different city and completely reboot. In those situations I've seen as much as 90% of the company churn in the course of the year. Once the dust settles it's basically a new company and can feel like a high growth startup.