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The surface-level presentation is done very well.
There are always issues at work (the company has surrounded itself with a bunch of two-faced people, making it impossible to tell whether those around you are wolves).
For longtime employees who have worked like beasts for over 20 years, there was no apology or goodwill— the company directly declared bankruptcy while owing wages, with no sincerity about paying them.
When asking the boss for the most basic owed compensation, the boss only said, “Is there really any need to be so particular about this????”