and violating California's law that requires 60day notice for mass layoffs.
(why would any big company stay in CA??)
so i'm thinking bankruptcy was his plan all along when he realized he has to buy twitter for $44B after his backing away plan failed when it dawned on him that he was an idiot for offering that obscene amount of $.
bankruptcy also gets him off the hook for:
- firing the CEO and 3 other top executives for 'cause' and not paying them their bonuses/severance
- paying back the ~22B that banks loaned him for the other half of his twitter purchase.
so basically he's only paying $22b for a toy that he plays with for a few months then throws away