Don't wish to p**s on moral further - but 200k redundancy?
More likely some starker choices; re-stream, desk or PVR.
As previously mentioned it's happened before - they have you by the short and curlies and can offer pretty much anything without having to mention the c word. (That's cash!). Helos, heavies, pointy OCUs are all fairly flush.
My prediction - IPS figures are about to plummet - watch this space.