The CEO makes some candid comments about the bad financial situation at a couple of meetings. Every conversation is about what you'll do after you get laid off. Morale is as low as it can get. Even if the New Plan is viable, which no one is sure of, the market is so bad for internet technology, we doubt if it will matter. Although productivity must be at its lowest level ever, it drops off the chart with rumors of a surprise all-company meeting.
Layoffs are a foregone conclusion.
The only question is when, and whether we'll get severance pay. Welcome to a dying dot-com.