"At the time of filing, Follett owed Norton at least $8,337,126. Based on invoices for printed content and Follett’s own transaction reporting with respect to digital content, the additional amounts due as of April 30, 2024, will be $913,671. Accordingly, if Follett continues to withhold monies it is contractually required to pay to Norton, the total past due amount as of May 1 will be $9,250,797,” the filing states"
https://www.publishersweekly.com/pw/by-topic/industry-news/publisher-news/article/94894-norton-sues-follett-alleging-millions-in-past-due-payments.html
Maybe they cna use some of the money they freed up by firing all those people a few days ago instead of hirng a new executive! Maybe they can liquidate of some of their bloated C-suite employees!
NOPE! They cut hours even more. Aww nuts. Maybe next time. Buyback and commencements wll be a blast!