I actually agree with you. That said, cancelling stuff like Christmas parties and picnics is a tell-tale sign that a company is going under.
There are other red flags, like losing key people to layoffs and suicide.
Second Man: That was Wilkins. He was a good, good, er, golfer, Wilkins.
First Man: Very good golfer. Very good golfer. Rotten at finance. It'll be Parkinson next.
Second Man: Bet you it won't.
First Man: How much.
Second Man: What?
First Man: How much do you bet it won't? Fiver?
Second Man: All right.
First Man: Done.
Second Man: You're on.
First Man: Fine. (shakes; they look at the window) Come on Parky.
Second Man: Don't do it Parky.
First Man: Come on Parky. Jump Parky. Jump.
Second Man: Come on now be sensible Parky.