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Im going to upvote just because you provided a link to backup your argument. Need more of that.

Edit: Just thumbed through the report, and based on my experience my above scenerio is still likely what is happening as well. Amount of work wil remain the same, but fewer people to do it.

Hey youre salaried right?

Yup

Great, we laid off 3 people and you need to work 100 hour weeks to keep things going

Do I get paid more?

You can get paid in unemployment if you keep sassing like that

Note, I have been given the line that I am expected to work 100 hour weeks. No I am not joking.