I think company is making good money, but most of revenue got s---ed by salary and Interest. because of this net profit lef behind is only 200M.
Company cant do anything with interest, They have to pay it. But they definately do something with salary. So they removing highly paid people Starting with US.. will come low cost centers as well.
Avayas workforce is near about 10k, if 10k people giving only 200M net profit why some one would AVAYA by investing min 6B. By keeping that 6B in bank they will get good returns.
If by luck someone is showed interest and seat for deal they could told that minimize the workforce. if i where buying i have asked for only 4.5k workforce with 8B.