>>Not only is this a self-fulfilling prophecy, if you don't invest in your employees, the level of waste is larger. In the long-run, yes. The issue is that mos

>>Not only is this a self-fulfilling prophecy, if you don't invest in your employees, the level of waste is larger. In the long-run, yes. The issue is that most companies optimize for short-term. Managers and executives can receive significant bonuses for keeping their costs down, and by the time the disadvantages of that approach (i.e. people leaving) become obvious, they too have bailed for the next gig.