Honestly, not shocked by the factual information shared but absolutely gobsmacked by the tone he took in the e-mail.
The c-suite and leadership team (who make eye watering amounts of money) are accustomed to communications of that nature but the rank and file are not.
This was the most de-motivating communication I’ve seen from leadership in my professional career.
If you do not care about your employees, why would they care about your customers, your stock price, your purpose, your converge strategy or your guarantee?
You cannot disempower people to that extent and expect them to feel ownership or pride over any of it.