what's something your company did that totally killed morale?

After a single week of (relatively) low sales, the company slashed our labor by a third. Lost a lot of good people because we simply weren't allowed to schedule them. The skeleton crew that did remain was left to deal with the (surprise surprise) massive influx of business we received in the following two months. Did they ever give us they labor back? Negative. Now we're left dealing with 1.3x the business with 0.6x as much staff. Staff who are necessarily less stellar than their predecessors.

God, I'm tired of buying other people's boats