The phrase "destroy the company" seems like an emotional appeal. If the company can restructure its debt, that leaves more of the pie for everyone else. Employe

The phrase "destroy the company" seems like an emotional appeal. If the company can restructure its debt, that leaves more of the pie for everyone else. Employees who didn't get a say in taking on the debt shouldn't have moral compunctions about creditors being stiffed. It's just business.