CoolCat
Well-known member
laying off the high end luthiers first ....another wrong chess move by the unpopular CEO if Gibson?
maybe hes driving the company into the dirt. I dont see how laying off 15 Luthiers will save his $500 million debt?
but whaddo I know?
ADD - 12-15% layoff and debt due in July-Aug, half a billion owed....investors want the CEO out.
Gibson has several thousand employees, many of whom work in Nashville. The company also employs a considerable workforce of subsidiary brands, all of which operate under the Gibson Brands, Inc. umbrella.
Epiphone is probably the best-known wholly-owned Gibson subsidiary, though other divisions include KRK Systems, TEAC, Cerwin-Vega, Stanton, Onkyo, Dobro, Kramer, Steinberger, Tobias, Echoplex, Electar, Flatiron, Slingerland, Valley Arts, Maestro, Oberheim, Baldwin, Sunshine Piano, Take Anywhere Technology, J&C Fischer, Chickering, Hamilton, and Wurlitzer.
maybe hes driving the company into the dirt. I dont see how laying off 15 Luthiers will save his $500 million debt?
but whaddo I know?
ADD - 12-15% layoff and debt due in July-Aug, half a billion owed....investors want the CEO out.
Gibson has several thousand employees, many of whom work in Nashville. The company also employs a considerable workforce of subsidiary brands, all of which operate under the Gibson Brands, Inc. umbrella.
Epiphone is probably the best-known wholly-owned Gibson subsidiary, though other divisions include KRK Systems, TEAC, Cerwin-Vega, Stanton, Onkyo, Dobro, Kramer, Steinberger, Tobias, Echoplex, Electar, Flatiron, Slingerland, Valley Arts, Maestro, Oberheim, Baldwin, Sunshine Piano, Take Anywhere Technology, J&C Fischer, Chickering, Hamilton, and Wurlitzer.
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