He doesn't believe anymore of it than we do.
He is simply propagating damning accusations to turn everyone else against us and try to absolve himself of any wrongdoing for getting us all into that mud hole.
He wants everyone else, but mostly the bonus providers, to believe we're the bloodthirsty bullies who won't listen to reason. He has started the bullsh#t war.
This stuff is straight from the 1957 coal mine manager handbook.
The interesting side effect here is that he's managing to p*ss off whoever wasn't already.