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The Sirius Implosion
Creative Commons Attribution-No Derivative Works 4.0
THE above video deals with this morning's part as well as yesterday's part. Some of the symptoms we've been seeing lately suggest that Sirius ‘Open Source’ might be heading towards bankruptcy/insolvency/administration (tomorrow's part is entitled “Successful Bankruptcy”).
"When a company starts debt-loading or offloading liabilities to other parties (public companies, upstream suppliers, private clients, staff) it's certainly time to demand what you're entitled to and go away."A company that fails to pay bills and is making up excuses/pretexts to deny severance is a company that does not care about its future. A recent example of this was Elon Musk at Twitter. When a company starts debt-loading or offloading liabilities to other parties (public companies, upstream suppliers, private clients, staff) it's certainly time to demand what you're entitled to and go away. My wife and I left this month and the video above is part of a long story we must tell, ensuring others are forewarned (not about Sirius alone; other companies behave similarly sometimes). ⬆