Company

A company is a legal entity formed by one or more individuals to engage in and operate a business.^[1]

Sabotage

Some companies may have been sabotaged by people at the management level (on purpose) before going bankrupt.^[2] Outsourcing core functions to cronies, introducing self-enforcing mismanagement, in the end selling the company in pieces, leaving the competition with increased market share and afterwards getting preferable treatment with a new employment. In that sense, private equity is sometimes being blamed for putting Toys "R" Us out of business.^[3]^[4]^[5]^[6]^[7]

References

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[1] ttps://www.investopedia.com/terms/c/company.asp

[2] ttps://web.archive.org/web/20250316210106/https://chieftainbhc.wordpress.com/2018/04/13/the-death-of-a-legend-employees-share-what-they-believe-led-to-the-downfall-of-toys-r-us/

[3] The Majority Report w/ Sam Seder, September 17, 2023, https://odysee.com/@majorityreport:7/who-really-killed-toys-r-us:7

[4] ttps://nypost.com/2017/09/21/bain-capital-has-now-plunged-two-toy-retailers-into-bankruptcy/

[5] ttps://web.archive.org/web/20181121005105/https://www.barrons.com/articles/private-equity-firms-provide-20-million-in-assistance-for-former-toys-r-us-employees-1542737621

[6] ttps://odysee.com/@cybercrimejunkiespodcast:d/the-downfall-of-toys-r-us.-part-2.:0

[7] ttps://x.com/ChanelRion/status/1915898014876491873

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