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How would you evaluate whether the experienced turnover in the below scenario is a problem?

How would you evaluate whether the experienced turnover in the below scenario is a problem?

Scenario: Located in Illinois for the last 8 years, your organization is a medium-sized company in the medical supplies industry. The Vice President of Operations stopped in your office to discuss a recent loss of staff. He said he has lost 3 key leaders in the last 4 months. In addition to 2 more employees he fired, several frontline workers have quit. As a good HR Director, you recognize that it would be wise to do a complete investigation of the turnover.

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