I'm not sure I agree with Modella Capital's plan to put struggling retailers through an insolvency procedure
. I mean, can't they just help these businesses stay afloat instead of putting people out of jobs? They're already buying up failing stores and making a profit from clearance sales... it seems like a short-term fix to me
.
And what about the other 2,500 jobs that are still at risk? Do we know if Modella Capital is even doing anything to help those workers?
I'm not convinced they're really trying to turn these businesses around for the sake of the community. It's all about the money for them, and that's just not sustainable.
I've heard it said that some of these restructuring firms are more interested in buying up assets at a discount than actually running the business effectively
. If that's true, then Modella Capital is playing with fire by taking on more debt without making sure they can pay it back.
We need to start asking more questions about what these companies are really doing and how they're treating their employees
. It's not just about saving businesses; it's also about protecting the people who work there
.
And what about the other 2,500 jobs that are still at risk? Do we know if Modella Capital is even doing anything to help those workers?
I've heard it said that some of these restructuring firms are more interested in buying up assets at a discount than actually running the business effectively
We need to start asking more questions about what these companies are really doing and how they're treating their employees