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Corporate jargon is just a mask for the inevitable. They use 'streamlining' because it sounds sophisticated, but it’s really just a polite way of saying they’re running the place into the ground to squeeze out a better quarterly report. You’re definitely not alone in feeling that burnout; when headcount drops but expectations stay static, the math simply doesn't add up. It’s a classic cycle, and unfortunately, those of us still here are expected to keep the lights on with zero support. Start looking for an exit strategy before the next round of 'efficiencies' hits your department.
I’ve been tracking the same patterns in my division, and it’s become painfully obvious that the company’s priority is shareholder value over operational health. The approval delays you're seeing are a direct symptom of the internal chaos they created by cutting too deep, too fast. It’s frustrating to hear them preach innovation while we’re just drowning in manual tasks and understaffed projects. Don’t hold your breath for things to improve; leadership has clearly chosen this path, and it isn't going to get any easier for the survivors. Protect your mental health and do only what’s on your job description.