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Declare insolvent and restart anew with zero debt is the best option, to save the taxpayer from burden. After all the taxpayer does not even get the profits when it was profitable.
And then force all staff to find their own jobs and cut their salary until the new company is set up.
Declare insolvent and restart anew with zero debt is the best option, to save the taxpayer from burden. After all the taxpayer does not even get the profits when it was profitable.
And then force all staff to find their own jobs and cut their salary until the new company is set up.