We all knew it'd be ugly but wow oh wow.. let's just summarize what we were told:
Stop prioritizing personal matters and start to prioritize Xerox.
In his famous word salad told us that we need to manage our lives at home and how we are spending our money - no raises, costs of living, etc - but WE need to make changes to make the company successful. Tried making comparisons to credit cards and interest rates. He even brought up groceries, rising costs, and all that... but WE are the ones that need to make changes. Changes like... not eat? Not have a family or live in a box?? What changes should WE be making??
At the very start of the meeting he mentioned someone who is a new mother, and someone else who needs to make the choice to put their child into private school or not. He brought these up in a sad attempt to tell us we either need to make sacrifices for the company OR need to leave to pursue the dreams we want. But let's be real.... he KNOWS the job market is dead. He KNOWS people are struggling to eat, to pay rent/mortgage, to make ends meet. So of course he is going to lecture we need to sacrifice our needs and our families to "invest in the company".