February 10th, 2012 @ masslogics // No Comments
(More) So What do you do when your software provider goes out of business? . Times are certainly tough, and this economy is unforgiving. Companies that aren’t prepared for long stints between sales will suffer the consequences. This has been very clear in the transportation industry, and even the suppliers are feeling the effect. Business [...]
July 9th, 2010 @ masslogics // No Comments
(More) Check out some of these companies. Any of them look familiar? Funny how when trucking companies go bankrupt or get acquired they tend to be fogotten so quickly.
December 21st, 2008 @ MReed // No Comments
(More) Pilgrim’s Pride is the largest chicken producer in the US, but even big companies are feeling the pinch from this economy. The company filed for Chapter 11 bankruptcy protection in order to try to help its struggles. Right now it has several problems. One of those is an unmanageable debt load. With the current [...]
December 7th, 2008 @ MReed // No Comments
(More) General Motors and the other big car companies are having some serious problems. They say that they need a bailout from the government, just as the banks did, and that bankruptcy wouldn’t be an option for them. GM especially insists that bankruptcy isn’t a viable option because it would erode consumer confidence even further. [...]