Originally Posted by
blow.n.gasket
Is this the game plan ?
The great reset ?
Bankruptcy ,massive restructuring and downsizing to suit the post Covid economy ,renegotiation of all contracts with none of the redundancy costs borne due to the impoverished trading conditions ?
Senior management bonus’ all ‘round !
No company wants to go into administration just before bankruptcy. That means the cash reserves have been whittled down to the bare minimum and there’s little left. After administrators are called in executive bonuses won’t be fruitful.
A company can downsize and restructure without calling in administrators. They aren’t going to exhaust their finances just so they can save a bit of money on pilot EBAs.