This phenomena is striking in the company I work for. There is a constant stream of retirees heading for the door. Many of them have 30+ year careers with the company. That brain-trust of technical knowledge and intimate understanding so f the machinations of the business is draining away and the heads~full~of~mush that are coming in to replace them don’t know shyt (but think they know everything).
As it is progressing I bet the company (over 100 years old) will fail within the next five years.
May I ask what company that is? It’s very rare nowadays (other than a cushy government job ) to see someone stay in one company for over 30+ years and here you are telling us that you got lots of these people in your company...
People must like working there.
when you get old most of what you know doesn’t matter
For about the same reason, I expect to work until I die...