• essteeyou@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      6 months ago

      Someone will wait for them to go bankrupt first. Poach any staff they need, and leave the rest to unemployment.

      • just_another_person@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        ·
        edit-2
        6 months ago

        Well, they’ll certainly get bought for pennies for sure. My guess is that someone will offer BEFORE the bankruptcy, because nobody wants the extra admin overhead and cost of dealing with a subsidiary in bankruptcy. That’s why the company is putting out PR in the first place. Kind of like a “Make an offer now before it gets worse” kind of thing to any interested parties.

        • essteeyou@lemmy.world
          link
          fedilink
          English
          arrow-up
          1
          ·
          6 months ago

          If you let them go bankrupt first then you can buy cheaper, and don’t need to let go of a bunch of surplus employees. I think it’ll be about the bottom line. I guess it all depends on the price and any likely competition for the purchase.

            • essteeyou@lemmy.world
              link
              fedilink
              English
              arrow-up
              1
              ·
              6 months ago

              If they’ve gone bankrupt and sold their office space and laid off their staff then it’s definitely not going to cost the same.