Another case of the 1% taking care of themselves at the expense of the people who built the company. Savings go right into the pockets of management. The H for the workers or the city. Just another example of the greedy.
Selling to a Chinese company is such a rotten thing to do. It won't take long for the Chinese company to replace all the good jobs with Chinese. No wonder so many people are angry as they see their jobs disappear and disappear. The greedy don't care about the country or the people, they only care about how much money they can stuff into their pockets. There is a special place in hell for the #$%$.