By ginkgoes if this wasn't serious for thousands of people it would be funny.
The truth lies somewhere in between......as it usually does.
The boards strategy is flawed yet they persist due to a combination of the ' sunk cost fallacy' and basic ' conformation bias'.
The employees have terms and conditions that can no longer be supported because of the boards failed strategy. So what is to be done?
1/ The board must change strategy or be changed themselves
2/ The employees must become more efficient while the company digs it's way out of the hole.
It's real simple when the emotion is removed.