Yes - Former Corporate Here
- They reduce cost
- They max earnings
- They cut expensive people
- They load on work to middle and lower levels with no added benefit
- They tell half truths where 'there are no layoffs planned, but with any business will continue to review what the right mix of talent needed is' which means, they'll lay off eventually.
- They take all meaningful assets by buying them for $1 so that assets are owned outright and cannot be taken in a bankruptcy of the actual company
- They keep the company either in debt or with no financial solvency and then..
- Try to turn it around so they can sell it, IPO it and if not
- Bankruptcy sc--wing literally all suppliers because there's nothing to liquidate to pay for debts
- Get new capital (loans) based on the brand name to try to reboot the entire conpany and then revisit 8 and 9 again.
This is the plan!
<3 The Old Staples
Bumping from @349+1jre5e6b5.