IIP BINNED, sorry is anyone surprised?
It is only my humble interpretation of the opening sentence of the mighty email but it went something like:
Due to financial constraints we can no longer invest in our people!
It actually raised my morale a smidgen when I read it and thought "have they ever?"
I am sure someone far clever than me, (and more DII capable) can post the full email but please, never let the facts get in the way of a story!