Many do this
This colour based way of knowing your future is not new. One French owned fruity named mobile operator did this all the time. Every 3 months we were called to a meeting, all told at exactly the same time in front of everyone via a power point if you were in or out of a job. Red out, Orange (ironic) at risk, Green no change. Sometimes names were not even on the slide because they forgot about that department. After about 9 months lots of new positions arrived on the slides and after being made redundant people started coming back....sheer madness