Well said, jm.

The reason for such a pathetic state is the arrogance and total disregard for motivating employees.

The culture they brought in was one of sweat shop, where people have to slog or get fired. They didn't even let people take off during xmas. Even the people who worked like indentured slaves got fired anyway, because of some whimsical reasons.

It has been painful to see some really hardworking and honest to goodness contributors being fired. It doesn't set good example for rest of the employees to make the company (and thus the management) a success. They all know they are one step away from being fired and are just waiting for the economy to improve.

Slave labor won't pay off in knowledge industry.

I don't think there will be any tears when this executive management is fired.