Bad News for the Big G

[Deleted member 5962]

Like this?

This probably belongs in the “guitar face” thread as well

Old guys in suits and sunglasses, jamming on guitar. Don't get any ideas Les. We are NOT doing that for one of our videos! Margot Robbie is where it's at.

 

[toothace]

Custom Shop getting layoffs:

https://www.nashvillepost.com/busin...ibson-lays-off-staff-in-nashville-custom-shop

Dang!

 

[László]

Man, that sucks

Looks like they’re S.O.L. if Henry can’t line up the financing.

Bad for Gibson. Might be an opportunity for others.

 

[mcarty1]

Gibson Creditors Want New CEO Before Rescue Deal

https://www.bloomberg.com/news/arti...re-said-to-want-new-ceo-before-funding-rescue

About time!

 

[Parralax view]

I couldn't find the article in the link but the idea is long in coming.

 

[mcarty1]

Fixed.

 

[Parralax view]

If that's the case, they may fold as I see Henry J as too arrogant to admit mis-management in any form.

 

[Parralax view]

Now the bond holders want somebody other than Henry as CEO.. I see them folding cause his ego cannot sustain that...

 

[Dusty Chalk]

“Bondholders fret”

 

[WeFixFlats]

Here's, I believe, is Henry's latest interview...

https://www.musicradar.com/news/gib...ut-we-have-to-have-something-new-and-exciting

 

[drdoom8793]

Here's, I believe, is Henry's latest interview...

https://www.musicradar.com/news/gib...ut-we-have-to-have-something-new-and-exciting

The dude is clearly super out of touch. Hope Gibson can ditch this moron and get their heads above water before they drown. However, I wouldn't mind at all if somebody like Fender snatched them up.

 

[Michael_DK]

Gibson Creditors Want New CEO Before Rescue Deal

https://www.bloomberg.com/news/arti...re-said-to-want-new-ceo-before-funding-rescue

About time!

This might not be a good thing. A lot hinges on the intentions of those bondholders!!!!

 

[Elliot]

The dude is clearly super out of touch. Hope Gibson can ditch this moron and get their heads above water before they drown. However, I wouldn't mind at all if somebody like Fender snatched them up.

That guy is a serious c@ck.

And yeah I hope someone saves them.

 

[dmatthews]

Custom Shop getting layoffs:

https://www.nashvillepost.com/busin...ibson-lays-off-staff-in-nashville-custom-shop

Henry is responsible for it, along with the mess in general. I hope they find their way out and can rebuild the brand with excellent guitars.
They won't do it with him though... no chance.

 

[Tucson Thump]

“Bondholders fret”

Jumbo!

 

[BlueWhale]

Wonder how PRS is actually doing? While they have generally a smaller share of the market, the quality is greater.

 

[dmatthews]

Wonder how PRS is actually doing? While they have generally a smaller share of the market, the quality is greater.

They're hiring, and make good decisions and fantastic products.

 

[Alnus Rubra]

Wonder how PRS is actually doing? While they have generally a smaller share of the market, the quality is greater.

I think PRSh quoted $50 million worth of business in 2017 and things were going well.

The PS shop is busy.

SE sales appear strong and 1500 units of the new amp (MT15) in one weekend can’t be bad!

 

[Tonart]

They're hiring, and make good decisions and fantastic products.

So Gibson CS is retrenching and PRS is hiring (with a busy PS shop).

Hmmmm......perhaps we’ll see bleeds into PRS bindings soon

 

[alantig]

They're hiring, and make good decisions and fantastic products.

I was able to register for Experience PRS, so let's not jump to conclusions on this good decisions thing.