This comment will probably get some flack, but it sounds like they need to get bought out by a PE firm and go through a massive reorganization. Layoff all the top management brass, keep engineers that have a low-cost printer in their homes and hire someone like Bre to keep things lean.
Otherwise, they will watch their market share erode until one of the scrappy startup kids get enough bank to buy them out for pennies on the dollar.
Or more likely, a PE firm would saddle the company with debt to pay off the new owners' debts, lay off everybody with any know-how, make an inept attempt at reinventing the now low-morale company, then give up after a few years and go into bankruptcy selling it off for parts leaving a pile of bondholder and pension lawsuits behind while management moves on to their next glorious MBA adventure.
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This comment will probably get some flack, but it sounds like they need to get bought out by a PE firm and go through a massive reorganization. Layoff all the top management brass, keep engineers that have a low-cost printer in their homes and hire someone like Bre to keep things lean.
Otherwise, they will watch their market share erode until one of the scrappy startup kids get enough bank to buy them out for pennies on the dollar.
Or more likely, a PE firm would saddle the company with debt to pay off the new owners' debts, lay off everybody with any know-how, make an inept attempt at reinventing the now low-morale company, then give up after a few years and go into bankruptcy selling it off for parts leaving a pile of bondholder and pension lawsuits behind while management moves on to their next glorious MBA adventure.