The restructuring would be more credible if it also included a growth plan, i.e., cutting costs so that the company is in a stronger position to generate revenue as it had in its glory days. Without this, layoffs will continue to mitigate the impact on the bottom line, as the top line continues to diminish. That is, the company would be playing a zero-sum game, barely keeping its head above water, until it finally sinks.
Perfectly said, @yua+173rxY2V.