Absolutely this - management will do whatever it takes to help management get through whatever problem they currently have, and if that's outright lying to IC's, or stringing them along for a few months they will do that, and not even regret it for an instant.
A really solid engineer I know was working with a failing mobile payments company, got an offer somewhere else and like a fool took it to his manager, who matched the new offer and the guy accepted... for 2 months until the company went bankrupt and he was back at square one looking for a job.
A really solid engineer I know was working with a failing mobile payments company, got an offer somewhere else and like a fool took it to his manager, who matched the new offer and the guy accepted... for 2 months until the company went bankrupt and he was back at square one looking for a job.