This is easily understand by an employee as "The company don't want to loose money".
But, have the employer ever thought of
"Employees Needs".
The same way as he employer don't want to loose money, so are the employees. I just hope they won't even try to use these phrase again "Take care of your employees and they will take care of you", because this is not how the employees felt when they are no longer earning the same wages on a monthly basis because of business needs.
What is worst is that, they are now giving the job to another center in another country because they will earn more this way.
I understand that this how a business a work. Anyone who put up a business wants to earn more. However, can't they have the balls to tell us what is really going on. Make us understand how reducing our workdays and work hours will help the company and help us in return. and for how long will this happen? Will it worsen next week, next month, next year?
Any employer wants to have an Honest employee, but why can't they can be an honest employer as well. Is it so hard to step down from your pedestal and reach down to the people who help you get where you are? Or is it because you have boasted too much before that now you can no longer face us when things are falling apart?
Be humble. Having higher position doesn't necessarily means that your can boast and force other people to just simply follow you. You are working with people here, people who have feelings, family to take care of and WE are not STUPID.