Then proceeds to encourage managers to gaslight folks into believing leadership is fine in the next paragraph.
In my experience, during this "wartime" the author discusses, management knows the ship may be sinking/is sinking and are making their way towards the lifeboats. They still need to be seen as doing something though, so they string along the ICs hoping they can keep being "productive" even though management is completely checked out, and a lot of the ICs will be laid off or not survive the upcoming aquihire/turn down.