> This largely ignores the uncertainty and costs of a revolving workforce, and the value of having a workforce that all knows each other, the way the company wo

> This largely ignores the uncertainty and costs of a revolving workforce, and the value of having a workforce that all knows each other, the way the company works, and cares whether it succeeds. I'm not "ignoring" that, and a retrained workforce is also a revolving workforce. When I run teams or companies I invest heavily in giving employees opportunities to train for new skills, level up on their existing skills, and grow into greater responsibility and knowledge domains. But that always needs to be balanced with the rest of the needs. When my runway is uncertain, that reduces the ability to plan for adding training for existing employees rather than bringing in a consultant or a new hire.