@OP. Some tactics tend to backfire, and that's one of them. You'll get so used to "do nothing", that when times comes for you to prove yourself, you'd forgotten all about how to work.
I understand where you are coming from, because I do something similar. No more multitasking for me, since I get paid the same, and it only increases my stress. However, I try to keep delivering quality, just less projects on the same timeframe. It will be easy for me to deliver quality on another company.
I just don't waste too much of me dealing with sh!t at Ford. I reduced the red tape load, by delaying my responses. I no longer care if management takes the wrong approach, or try chasing unicorns. I became a cog in the machinery, instead of being an innovator or a technical lead. Less friction with managers, less problems for me, no ambition to be an LLx, and I have already been in the tech position I wanted for years. So no need to bust my behind, and no motivation $$ to do it. I keep doing my technical stuff, and try to avoid/ignore the non technical cr@p.
I know people at Ford that do exactly "nothing". Some are brownosers, and maybe they can find a job in another company where they can keep their noses brown. But some are there just because of their connections, and don't care to learn anything useful. When Ford implodes, so many of those are going to be "Up Sh--s Creek Without a Paddle"... OP, try to avoid that.