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Originally Posted by Angua
I have every sympathy with you as although I and no one I know works for NTL the attitude is the same as a lot of companies.
Hubby is having to jump through hoop to get a job which is the same as he is doing at the moment because of "restructuring". Whilst at the same time seeing no change to the office staff numbers who neither produce sales or product. He also has to cope with the "nepotism factor" 
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The company I work for is heading in a similar direction, I started working for them and there were around 100 employees and they had started to make a healthy profit. The company started employing a lot of technical people in R&D, and projects started coming in, the problems started when a new MD arrived and the company floated in the stock market.
The situation is not looking as good, the targets are very aggressive and the projected targets seem way too high. The operations department has not grown anywhere near in comparison to others, on top of that we are unable to find suitable people to employ even though fairly good wages are on offer.
Whist we have too much work for the operations department, the growth is not in employees who "Do" but its in "Shiny ar*ed" ones at desks. This means the department is now employing more bums on seats to generate paperwork for the already stretched people who do the real work.
I am lucky, as I'm one of the people who has made the situation worse by moving out of the frontline into a strategic role. I would say my new role directly helps the aim of the company, ie: getting stuff out the door and being paid for it.
The new operations director (Lots of new titles and management numbers) decided we should move away from employing good experienced engineers, and employ monkees as technicians instead. We are even finding that good monkees are not easy to employ!
As the company grows, it seems to be exploding into the out of control situation that most large companies go into. I reckon the redundancies will start within 2 years.