I blew the sucker up!
My company is laying off several thousand people in the next 2 months and my job is at risk. Our Chairman of R&D gave a town hall Friday to explain the cuts and then opened the floor to questions. Here's what I said:
"Have you seen this week's Newsweek? [He said no. I held up a copy.] The cover story is 'Layoffs are bad for business'. The article shows that in almost every case study of layoffs, the cuts have almost exactly the opposite effect to that intended. You want to simplify the operating model? Offshoring complicates the operating model. You want to appease short-term investors and bump the stock price? Our stock price dropped when you announced the cuts. You want to stay competitive? When your competitors are laying off people, that's the time to gain ground on them.
You talk about trust. I think I speak for everyone in this room when I say that I have a lot more trust in a manager who, in the face of evidence, looks at a decison and say, 'You know, I think we made the wrong call here. Let's look at other ways to accomplish this goal...maybe across-the-board pay cuts for senior management.'"
The entire auditorium applauded. Unfortunately they're not the people deciding whether I get cut...and halfway through my speech my senior VP turned around in his seat and looked me right in the eye. Oh well--I've already applied to about 10 other jobs at other companies.