This from a post re the expected British Airways redundancies:
Employees often fail to grasp that the CEO has a list of priorities; The first is that 'The company must still be in business when the sun rises tomorrow.'.
The second is the stock-price
Third; The stock-holders.
Employees don't even come within the top 20. All the 'management-speak' about the employees being the company's greatest asset etc is pure BS.. In the eyes of a CEO, employees are a costly necessity, nothing more.
Employees are nothing more than a cost centre for any of the bidders. No one should be under any illusion that there is benevolence in their minds.