Owned by Arab and competing Chinese companies, neither of whom are known for their empathy towards their workers. Fingers crossed a right wing Australian government with a 1 seat majority doesn't hide under the covers forever. I also believe in flying pigs and Santa..
Unfortunately employees will be mere pawns in what is going to play out here. Executives looking for a parachute and legacy to hang their resume on won't be doing more than the bare miminum for people they are supposed to be leading. Corporate greed 101. Make the employees pay for the restructuring costs that was required due to management's incompetence.