Originally Posted by
G4FO
I've heard some "rumors" that management is 100% planning on the industry taking a nosedive, legacies furloughing. So, no deal anytime soon, plan for the worst, hope for the best.
Sadly I've heard the exact same from a pretty reliable source. As a couple others have already stated above, their plan seems unlikely to happen and more likely to backfire. The next earnings call will be interesting, hopefully the hedge fund managers will pin them to some tough questions.