Krishna's only plan so far to reduce debt is to sell more share options to raise capital, which is only a rob Peter to pay Paul plan. Look out for merger talk with other smaller companies and more outsourcing of services.
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What happened to the other post about this topic???? What are opinions of the new guy, is he gonna be good for us?
Buy American and Hire American
Re-arranging the deck chairs on the Titanic
More families will be losing jobs. There are still around 1,000 layoffs to go. However, last quarter was close to free cash flow, so maybe next quarter will be a winner. Things did improve, so a little more might be enough.
They need to do more than just talk at this point. Thousand of families are at risk. Hopefully there is a plan in place so no other family looses there homes and jobs.