I worked for a couple Silicon Valley high tech start ups that during times with good profit and expansion, treated all permanent employees well and went out of their way to build content, enjoyable working experiences with special group events like ice cream celebrations, river rafting trips, unexpected company wide bonuses, expensive venue Christmas parties, and more. Generally SV start ups were some of the best places on the planet to work with great benefits beyond the few I listed.
Further, envious Wall Street bean counter types hated all that and as soon as they were able to gain control were quick to outsource, offshore, and technology transfer to the highest bidders across the rest of the planet. That is a prime reason those globalists destroyed our world dominant post WWII manufacturing base. So the worst weasels ended up profiting from little they were responsible for scr!@#$g the rest of us. Also when business profits turned down and layoffs began, investors installed HR hatchet persons.