I am beginning to think, somewhat uncomfortably, that due to industry consolidation most big corps don't have to worry about having great talent anymore. They are squeezing more money out of an established business model in a market that no longer has real customer choice, as long as they have good enough people to keep things going it's not a problem.
That's fine, they will eventually have their lunch eaten by companies that can execute with all the talent they refuse to hire. It takes time, but the wheel turns.
These wheels often take a generation or more to fully rotate. And I have no idea whether any collective or group action can materially accelerate the timeline.
I would agree historically, but I think innovation and change is happening much faster now.
10 years ago, nobody seriously thought about taking on Google in terms of search engine.
Now we are going though a phase where we are questioning if LLMs can take over that market share.
Same with Facebook in social networks, but TikTok took over pretty fast.
These companies know they could lose a lot of excellent talent, and backfill with mediocre talent. Their employer brand names will remain strong carry them through, with enough junior candidates that will backfill the "industry expert" and mostly nobody will notice.