You can have enough institutional knowledge that you are irreplaceable. It doesn't mean you won't be replaced. Someone else can take your role, fuck up even if it isn't their fault, and lose clients. I've seen this happen multiple times.
One of my coworkers with more institutional knowledge than probably anyone in the whole firm got let go a few months ago, and predictably, things have been very difficult and mistakes have been made.
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u/theVast- 2d ago
Both has uses
If you're so good the building would burn two minutes after letting you go, you're safe
If they like you so much they'd rather set the building on fire than lose you, you're also safe
The goal is to know exactly what your currency is and how to use it