Low performers survive, high performers suffer - Human Resources TVA Employee Review

TVA does a massive reorganization about every three years. It's scary as hell. They have very poor performance management so the low performers survive (they NEVER fire anyone and they don't give performance based raises). Consequently, they have to do reorgs to reduce headcount (most organizations would just manage out the low performers). But it is a really excruciating exercise for highly conscientious high performers - because you are under constant threat of job loss.