It's a good book, worth reading: especially by any employee who still believes in loyalty to megacorp.
Sorry I'm late to this thread, but I give this post a big thumbs up.
One of the things I initially liked about the second megacorp I worked for was that, despite their size, they had managed to retain an employee friendly culture. Unfortunately, the CEO botched an acquisition and the board ousted him. For the first time in the company's 100+ year history an outsider was brought in as CEO, and he brought a whole new (toxic) culture to the organization.
After 2 years, I'd had enough and left. A year later, 35% of my former department was let go. I know that staff reductions are a reality. But the way it was handled there was cowardly and shameful.
On the pretext that the office was being reconfigured, the entire department was told to pack their files, clear out their offices, and work from home. Once the reconfiguration was done, they would get an email telling them where their new space would be.
Except that more than a third of my former colleagues were emailed termination notices instead. They were told not to come back to the office.
They would only be allowed on campus to go to the Security office to turn in their cellphones, laptops, and IDs. That way HR and the department "leadership" did not have to endure the unpleasant task of facing those folks and telling them they no longer had jobs.