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Companies sack experienced workers and bring in cheaper inexperienced workers. It is common for experienced workers to be sacked and the next day cheaper inexperienced workers doing the same job. It is just Capitalism and nothing personal. I see nothing wrong with companies reducing costs in order to maximise its profits and generate return to share holders and pay bonuses to management that make the tough decisions.

The experienced workers can take a pay cut to keep their jobs, company to boost profit margins and company management get paid bonuses. It is just how Capitalism works and there is nothing anyone can do abut it.