You have a point, but I think the distrust was initiated by the Thatcher/Reagan neo liberal turn.
In the early 80s, I remember mass layoffs in the headlines every day. Often older, long term employees, who were more expensive. And company share prices would go up on those announcements.
When I started my professional career in 1986, I was fully aware I was an expendable cog. It didn't make me less professional, but it did make me less loyal. I wasn't planning to work for the same company for 40 years.
Sure enough, 5 years later, the company was acquired and virtually every employee fired. 2000 people. Many of whom had given 20 years to the company.
In the early 80s, I remember mass layoffs in the headlines every day. Often older, long term employees, who were more expensive. And company share prices would go up on those announcements.
When I started my professional career in 1986, I was fully aware I was an expendable cog. It didn't make me less professional, but it did make me less loyal. I wasn't planning to work for the same company for 40 years.
Sure enough, 5 years later, the company was acquired and virtually every employee fired. 2000 people. Many of whom had given 20 years to the company.
The acquirer just wanted our customers.