Previous company decided that not only would they make people redundant but they'd also gut the benefits of those who stayed and worsen working conditions all whilst trying to transition their entire manufacturing process to entirely different equipment.
Unsurprisingly all the experienced and skilled workers took their generous payouts or bailed as soon as the new process and working conditions went to shit.
Literally 10s of millions invested in machinery and a few million in redundancy all to end up making less and worse product at a higher cost than before. Combined with the few that stayed having zero morale and it was cluster fuck that's irreparably damaged a 140 year old company.
I bounced once I'd got enough experience to be of value elsewhere.