Originally Posted by
Beacon32
Someone estimated it would cost the company 300-400 million to shutdown the operation for 60 days. JB has $1.2 billion in cash plus a $1 billion government loan. Unless we’re shutdown for six months or more, I’m hoping between the cash on hand, loan, historically lean staffing levels that we’ll make it through without furloughing.
The $1 billion isn't a government loan, just a private loan the company took out.
The government loans/grants haven't happened yet but they will.