Voluntary reorganization in these circumstances means cutting the company structure to the bone. They want to trim the organization to the biggest, physically possible degree. In translation for most of us, that means we are going to get cut. This is almost as bad as total liquidation. Think we need to be prepared. Good luck to you all.
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"Well you have tons of people thanking him for his live updates and transparency and hundreds of “likes” as well."
Probably a Stream post like this - "Tony, we know you will guide us through this bankruptcy with your leadership and we will emerge a better company."
Kiddies - you can go and get a MBA and bankrupt a few companies in your career and still receive a hefty bonus! That's the American Corporate Way!!!!!
Do you think TT will at least admit they should have sought bond holders approval prior to the CSAL/Unity deal? Wouldn't that have saved so many such anquish?
Naaahhh...that would require taking some responsability!
Well you have tons of people thanking him for his live updates and transparency and hundreds of “likes” as well.
"Not according to the FAQs on stream and the various posts and videos."
If you believe stream, you deserve what you get
Stream lies. "Company will continue to operate as normal." Not true, all major business decisions get made by the courts, so not really normal. TT failed to disclose that little tidbit.
If you believe stream, you deserve what you get
Not according to the FAQs on stream and the various posts and videos.