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falsem , to U.S. News in After $700 Million U.S. Bailout, Trucking Firm Is Shutting Down

What's their burn rate that they're going bankrupt after 700M in cash?

zalack ,
@zalack@kbin.social avatar

At 30,000 employees that's only $23,000/person. I'm sure payroll alone is well North of $700M per year.

falsem ,

Thanks for doing the math

I_Miss_Daniel , to U.S. News in After $700 Million U.S. Bailout, Trucking Firm Is Shutting Down
@I_Miss_Daniel@kbin.social avatar

🎵Look at the stars, look how they shine for you. 🎵

scmstr , to U.S. News in After $700 Million U.S. Bailout, Trucking Firm Is Shutting Down

When you are a leech of the people, you can’t be punished, right?

instamat ,

Leeches of the people get a pass, because they’re a sad ☹️

Fizz , to U.S. News in After $700 Million U.S. Bailout, Trucking Firm Is Shutting Down
@Fizz@lemmy.nz avatar

What’s the bet they pocketed most of that money and then closed.

Synnr , to U.S. News in After $700 Million U.S. Bailout, Trucking Firm Is Shutting Down

I’m sure I can find it in the article but what kind of bankruptcy? Are investors walking away with bruises?

wick ,

Stock fell on Thursday, declared bankruptcy Friday.

Dark_Blade , to RedditMigration in Reddit suddenly caresTM for the blind
@Dark_Blade@lemmy.world avatar

Too late, ya pieces of shit; I’m deleting all my data and leaving this place.

berno , to RedditMigration in Reddit suddenly caresTM for the blind

Noticed this too. Too little too late Reddit, you have made your bed

DigitalAudio Mod , to Japanese Language in Internet Archive of /r/LearnJapanese Resources
@DigitalAudio@sopuli.xyz avatar

This is amazing, and I’m actually going to pin it, and link it on our sidebar.

As I’ve mentioned before, although this instance is fundamentally different from r/learnjapanese and we won’t necessarily have the same approach as them, that doesn’t mean that we won’t be welcoming and discussing learning resources, so this is an incredible resource for us.

Thank you so much for this post!

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