Why should we be surprised? In times like this they reduce staff costs as quick as they can and reap the rewards for themselves at a later date. We saw it in ********* where a former MD made a complete dogs dinner of reorganisation and came out of it hugely enriched.
I have come to the conclusion that in negotiation we should just say "we’ll do the same; and have the same as the MD" even when he gets it completely wrong there is always a reason why he will need a large redundancy package to go away.
We then get a "wannabe" CEO/Pilot tell us about market forces. (Ive started my watch for the reaction)