I've been at this company for over a decade and it always amazes me that I hear everything by rumor and by reading it in the freaking newspaper. Corporate announcements to worker bees are vague and say nothing. I am disgusted by their lack of transparency and just a sh--y way that they inform employees who make them billions of their career Futures. It's offensive.
I can say that this post by @Ws7btOP-1qjg tells the truth. It's just sad that behaviors like this have become a part of our corporate culture.