Does upper mgmt feel we are morons/what is happening?

So the last couple of weeks, we have had wasted meetings that last 2 hours or so. One was on cost and one was on change. These were for those that supervise people and above.

The cost meeting objective was supposed to point out ways we could influence or directly decrease our costs. We find out that our group’s highest costs (and those we can control) are people costs. No one explained in this meeting how we could directly lower the people cost. Well having some common sense, I conclude the way to lower people cost is to decrease the number of people. They talked about improving technology and work smarter not harder (all the slang business crap terms that don’t mean a thing). So basically I am to help to make us work more efficiency thus either eliminating my position and/or others within my group.

Change was a total waste of time – they had “exercises” for us to work through. Now we all know that we are changing they way we do things and honestly don’t have much a choice – we need to lower costs in the current economy.

So does upper management really think we are morons and these “meetings” are going to make us feel better and respond better? Come on we are all adults and realize the bad economy we are in – we are (hopefully) not managers because we are morons, but because we actually know something. These hours of meetings could have been simply addressed in a half hour meeting in my opinion – unfortunately do to the bad economy, we are re-organizing and changes are necessary to lower costs so we can remain in business. There may be additional layoffs as a result. Done – quickly and efficiently. How is that for a direct impact to cost?