Can I ask a question?
I often hear that it would be best if the company just shut down, and then restarted as a new company but without the inefficiencies...
Well who is this best for? Would the shareholders get anything out of this? I suspect they would get very little, and they would not receive any shares in the new company.
If this is true, WW quite simply cannot allow trouble with any union to force this to happen! He is obligated to the shareholders. So everything has to be done softly softly - which means it will take a heck of a long time, which means we will quite likely be irrecoverable by the time it happens... and go bust anyway.
Only then might the new company be formed, but I think we will we have to go through the softly softly approach for many years yet!