I feel like company's like that are shooting themselves in the foot: the delivered product is of lesser quality, developers aren't happy and quit sooner or late

I feel like company's like that are shooting themselves in the foot: the delivered product is of lesser quality, developers aren't happy and quit sooner or later. Looking at it from a manager's perspective, I think you'd want to do everything in your power to prevent such situations. Feels like there's a general lack of future perspective in many companies.