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We have all been watching companies like Nortel and Lucent fall under their own weight. Yes, tune-ups could have been benificial however, they tend to come too little too late.
Over the past couple of years I've watched countless friends and co-workers fall prey to poor management while the same poor management continues to pollute the industry.
Look at the Prockter lay-off. Executives continue playing "spin doctor" without addressing the problems at hand. Do you think the thousands of employees laid of from Lucent, Nortel, JDSU etc were poor performers and such as you state about the Innovance employees? I happen to be very close with some of those affected by the "tune-up" and I'd hardly call them poor performers.
Continue to tell yourself everything will be ok and maybe you'll start to believe it.