Comment Schadenfreude... (Score 5, Interesting) 184
This is comical to be watching from afar. I used to work for them back in the 2000's just prior to the ViaSat-1 launch. The company was really pinching its pennies and went through multiple rounds of layoffs which I ended up getting caught up in. I ended up moving on to much better things rather than resting in Carlsbad / Oceanside, home of lethargic hippie retirees and drunk Marines from Camp Pendleton. Now I'm watching this from far away and kind of reminiscing on the old days. I did enjoy my time there, a great company to work for as an engineer back then. But they truly failed to innovate and instead put all their eggs in one basket that was too hard to shift away from. The past few years have also seen a bit of a brain drain of talent leaving which could have helped them but eh, it's in the past now. Like ViaSat will be soon too.
Enjoy the upcoming years of pain, hope you've all planned for this and have kept your resumes updated! :)