Having had a bloated Management Structure for decades....they start cutting finally.
The down hill slide started with the first three or four changes of ownership and what we see today is the remains of the carcass that was picked over for years.
Maybe this time it will be down to bare bones before it is all over and the Beast can grow anew from there.
Hopefully....it will get back to being run as an Aviation company by people that know the Aviation business and not a bunch of Bean Counters and HR Empire Builders.