My experience working for one of "the big 3" automakers is that the very best employees take the buyout offer, confident that they can find a better job for bet

My experience working for one of "the big 3" automakers is that the very best employees take the buyout offer, confident that they can find a better job for better pay elsewhere. Years after the employee buyout programs began in the auto industry, they were requesting buyout packages of their own to save the company as a whole. I believe this is the beginning of the "death spiral" described by PG in his "What happened to YAHOO" essay.