There's been a general trend of companies being unwilling to invest in workers over the past decades. And after seeing their parents get knifed in the back by b

There's been a general trend of companies being unwilling to invest in workers over the past decades. And after seeing their parents get knifed in the back by believing in the "job for life" concept that worked for their grandparents, the two-way loyalty of that system is completely absent in the current generation. It's been replaced with cynicism and mistrust. So it's kind of a prisoner's dilemma. If you're a company and you invest heavily in junior talent, they'll probably leave for greener pastures ASAP. And if you're an employee who stands by an employer who gave you an initial leg up, you'll probably get fired after an aquisition/re-org/etc, and you'll find yourself with very narrow work experience. FAANG companies manage this with "golden handcuff" stock vesting schedules, where you'll leave 6-7 figures on the table if you ever walk, but that's kind of the problem. It's hard for small orgs to compete for decades on pure cash compensation, and they can't be trusted to provide stability for decades.