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work more for less?

Good times this year....Companies are striving to cut back on our proposed budget, and winning. At the same time, because of the economy, national is sending out more checklists, and making us do more work around debt covenants, and other specific company risks. So essentially, they're telling to work less by drastically cutting the hours, but at the same time, work more by drastically increasing the required amount of work. (Psstt....eat hours)
Look, I agree that such times require more work, but come on now....work to atleast keep the hours as is. You can't cut back on charged hours.

And don't even get me started on the checklists.
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