I work (but not for much longer) for a tech company that has done an ER package twice (and is well known for layoffs). The result is that the company has a sort

I work (but not for much longer) for a tech company that has done an ER package twice (and is well known for layoffs). The result is that the company has a sort of corporate alzheimers. It knows the inventory of all the things it used to know, but doesn't actually seem able to recall anything. The trajectory and outlook are not good. I don't think tech companies can afford this practice. So much knowledge resides in their senior talent, and the hard-won experience-based understanding and things gleaned through opportunistic exposure that they seem to voluntarily surrender.