This is just someone’s prediction, but I also think the outcome might be something like this:
Layoffs will continue in rail. From what I am learning it will be 2-4 people every couple of weeks.
What I am seeing is rail will be sold soon. Cost cutting needs to happen before the transaction is complete so it can be written off as part of the divesture. The costs of what is left gets amortized again by the new company.
The new owners have already been given tours of the buildings. Just waiting for the Covid impacts to be reduced.
Original poster @1vbaa+184NzHed