Heard from several different( and trustworthy ) sources that there is another layoff / RIF hitting next week. Don't wait for the decision to be made for you. You have marketable skills! Move out, on, and up!
It is clear that the Wall St bankers running the company have some end game plan they are working. Mismanagement this poor can only be purposeful. I think they intend to sell the company or take it private and are doing everything they can to devalue the company.
These new round of layoffs are just in time so that they don't have to pay merit employees their raises. You (and I) were going to get screwed on the reviews anyway while Greg Capelli takes his 20 million straight to hell. Special place reserved there for th bankers that put profit over people. Job of choice / 4th pillar my ass.