Putting emotions aside and trying to be objective, it seems to me that Danfonso will be moderately successful. They’re just financial engineering their way to a slightly higher free cash flow. Layoffs, outsourcing to India, and cutting costs aren’t novel or revolutionary ideas. They haven’t come up with any new strategies to open up new markets or increase revenue so they’re relying on the tired old playbook. The hype about AI is a smokescreen. It’ll get implemented to some extent but it’s not going to increase revenue, or unleash synergies or cut costs drastically.
It stinks for the employees and will continue to do so. The company will become leaner and slightly more profitable and the executives will exit after getting a big payday.