Agreed Quote by Barbara Ehrenreich
“A research group found that 56 percent of major companies surveyed in the late '80s agreed that 'employees who are loyal to the company and further its business goals deserve an assurance of continued employment.' A decade later, only 6 percent agreed. It was in the '90s that companies started weeding people out as a form of cost reduction.”
About This Quote
Source Article: Business and Labor Trends, 1990s, Unknown Publication
The quote shows a sharp decline in companies’ willingness to guarantee job security for loyal employees over a decade, reflecting a shift toward cost‑cutting and workforce flexibility.
In simple terms: Job security for loyal workers fell dramatically as firms prioritized cost reduction.
Recognize changing employment expectations and adapt career strategies accordingly.
Themes
Mood
Type
When to use this quote
- career planning
- negotiating contracts
- skill development
- networking
- entrepreneurship
Key Concepts
Questions to Reflect On
- How have you seen job security change in your field?
- What strategies can you use to stay valuable to employers?
The data may be limited to specific industries or regions, not representing all sectors.