@Linkat,
Hey Linkat, here's hoping things get better on the work front. Sounds tough...
It isn't pleasant at all where I work either. I have now survived a few rounds of layoff in which everyone I worked with in B'lore (and my manager in the US) were laid off.
I used to really like working here but I'm not so sure now.
Where I work, they don't bother about pens and other operational costs - in fact, they gave us bonuses in Dec (they're crazy!!). And then they go lay off the *best* people (intelligent, experienced, and sensible ones). The company ends up paying dearly (in more ways than one) for this.
And now, we know that there is more layoff and other cuts to come. Entire divisions will be shut down. It's so bad now that I am hoping I get laid off next time.