Sorry about that boss, lol! This is all just beyond maddening. If mgmt is okay with throwing money around without nary a plan (read as one that has discernable logic) why the hell not just bite the bullet and release the dead weight. Write the big check and move on.
You either waste a ton of money and time spreading the pain over 3 years or you rip off the bandage quickly, take the pain and move on. Cashman, beyond lacking imagination....his worst trait is his lack of courage. It's the one bad management trait I disdain the most.