[VoidWhisperer]

This does seem like a really nice way to do it, but the issue in practice may be that some of those companies are doing layoffs in an attempt to stablize or give them more time to find a way out of their death spiral. As a result, many companies probably wouldn't want to hold an employee event summarizing how f'ed the company is if there is any chance of it turning around

[scotty79]

I think brutal honesty is a good way to go and good start of a way to stay and try to salvage things.

At the point where you have to lay off 50% of your staff it's already apparent that you can't BS your way out of trouble.