I think the rumour got a bit twisted - word on the street is that it's Exec Aerospace that's going down. I've heard from a mate that works there that they have not been paid this last month.
This gets me back to my pet hate - aviation employers abusing pilots. A company like EA does not suddenly find itself in financial trouble overnight - so why only inform your crew a day or two before payday that you can't pay them? A considerate employer would have given his staff a bit of warning to tighten their belts because there may not be money at the end of the month. It would be interesting to find out if KR also did not pay himself / family / top managers this month.
I'll bet KR is still expecting all his crew to be available to him, just in case he picks up a last minute charter flight or two. He probably also expects two months notice from anyone wanting to leave, so that they can earn a bit of cash elsewhere.