nemo37 on 10 February 2019
This is very unfortunate for the people that work there. Hopefully they get back on their feet soon. I'm thinking that the executives should take a pay cut instead of the workers getting axed, but sadly that is not how things go at these corporations. Heck there are plenty of examples of bad execs running companies into the ground, resulting in thousands of jobs being lost, and yet the execs getting fat severance packages in addition to all of the compensation given to them while badly managing the company.
