Sad day for Champion Genesis Redman employees. The past has finally caught up with the management or should I say the lack of management at Champion Enterprises. On Sunday 11/15/09, they announced they were filing Chapter 11 bankruptcy.
Naturally, management claimed it was as a result of the heavy debt load rather than bad management. Funny thing about accepting responsibility, do you think management had anything to do with the amount that was burdening the company? One might draw the conclusion that management treated running the company in the same manner they treated customer service, get by providing the least amount possible and hope for the best.
The employees will be the ones to suffer as the plants are closed and or sold off. In some cases it may turn out to be a blessing depending on the new owners, it certainly could not be any worse.
Once again, it will not be a Happy Thanksgiving or a very Merry Christmas for many Champion Genesis Redman employees. It is a shame that management didn't pay attention to the warning signs and work as hard as the plant employees or the outcome may have been different.
