Audio Research Ref 6 upgrade to 6SE.

soix

... ARC is now in fine shape so it’s not in receivership at all ...

ARC is actually still in receivership and the matter remains before the court. This is a good report on the developments.

@cleeds   ARC is fine. I spoke to them personally. No worries at all. 👍💪👊

tattooedtrackman

ARC is fine. I spoke to them personally. No worries at all.

I wish ARC the best, @tattooedtrackman  but the company has serious issues. The court filings are all online, so you can read for yourself.

If the technical talent hangs on then the company has a chance to survive.  But the first thing companies pull back on these days to help cash flow is Engineering.  It is a short term solution with long term consequences.  Over my career I observed that  managing executives saw engineers as a commodity- an expensive commodity.  But the engineers are the product.  It is a recurring pattern, a downward spiral.  When product development budgets are cut, sales fall two years out.  That leads to further cuts and subsequently an additional drop in sales.  A cut in R&D budgets has even longer term consequences.  That affects sales five years out and further.  

The irony is that the first employees of a new company are typically engineers/technical talent but the last employees of a company before it closes are managers.