Dumping of employees.
Get your resume in order I guess.
The sad thing is STT would be a fun place if the constant and chronic fear of layoffs didn't loom.
It's a very demoralizing and degrading feeling having it hung out there never knowing if it when or who or how many.
No matter how well you do your job the quality work it's a crap shoot.
I wonder for there's any studies out there how unproductive employees become when huge layoffs occur and if it actually accelerates the companies downfall and speed at layoffs, probably some correlation.
I'll bet employee health overall declines as well proportional to the years of stress of chronic layoffs.
So even if you do well and great work it doesn't seem to matter.
Discouraging and scary and feeling helpless and hopeless.