IB,
The link is not valid. Would you be able to post a link to the article?
Based on its content from the quotes you posted, it appears that there is nothing new. The downward momentum is felt through all departments within the corporation. There is probably nothing in the article that can't be summed up by "those who do not learn from history are bound to repeat it".
The company will not disappear, much in the same way GF didn't, but it will definitely not resemble what it was.