He hasn’t had to YET. Today is supposedly the last day to restructure the debt which will save them millions. Of course it depends on what they mean by save...does it mean that future generations will have to pay it instead—if so then it’s not really saving anything. But anyway, when the checks come due and he can’t pay them he’ll need to cut workers.
Layoffs are pending.
Let’s see if he starts the lay off tomorrow then.