Mister Geezer
Everything that you have "heard" has been on PPRuNe in the last week or so. You have no idea how true any of it is, and yet you wade in with all this speculation, whilst qualifying it with the standard "I hope its not true" line. Your "general impression" is based on gossip that you have no verification of.
Now it is quite possible that NONE of it is true, and in that case all that is happening here is that a possibly-struggling airline is having its name dragged through the mud for no reason whatsoever. Bear in mind that significant number of SLF/jounos hang here as well. Such publicity can do SEVERE damage to an airline, even if they are guilty of no wrongdoing whatsoever and are financially sound.
I only hope that your employer never has this happen to them, as the bottom line is that you, by your careless repetition of gossip and rumour, are quite possibly putting at risk the jobs of your colleagues in Eastern.
How about being a little more responsible, and only repeating what you KNOW to be true???
That goes for everyone, by the way.