Thread regarding Endo Pharmaceuticals Holdings Inc. layoffs

Bankruptcy, here we come

Not making an interest payment on senior notes can mean only one thing - bankruptcy. If that happens, employees are going to take a major hit. Not only will there be cuts, but when they happen as part of Chapter 11, the company can skip paying severance. I'm not looking forward to the coming weeks/months.

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Post ID: @OP+1hBonRMs

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