If you really want to know the truth and nothing but the truth:
A combination of situations like the pandemic, the climate change movement, the Company's outsourcing strategy, and political changes have all contributed to the current environment. The weakest link has been management's response, being devoid of compassion, while ignoring and violating the Company's long-standing unwritten agreement with loyal and dedicated employees. Management has severed the last strand of the trust cable, and is now in a free-fall situation of their own making. No amount of rationalization or clever words can repair the damage. Trust is lost.