This is true. The CEO really thumped his chest to the leadership team to be stoic about the theft of AIP from employees. I am sure they may be allowed to change the agreed upon pay model after the fact through some * in the formula, but this is insane to do at this time. They also intentionally hid it from everyone after Q3 so we could not see the results. Don't worry though, they are telling us now in the spirit of transparency.
With any last ounce of trust being completely eroded, it leaves one to wonder why. Is it to keep the people from that little bit of extra financial cushion that may allow them to realize how bad everyone is being treated? Is it to hope more people leave?
I would love to know the total amount taken from employees from this manual reduction in bonuses from the published formula. It will never happen, but that would be a baseline of the opportunity attorneys could go after. Again, I am sure they have their clause they can do this, but it sure feels like a breach of agreement with the employees. At least an ethical one.