I worked for a company that had posted annual losses in 3 of the prior 4 years. Panic had fully set in and I see parallels here in that a lot of obvious cost-cutting initiatives are being passed off as something else entirely.
The company sold its corporate building (a skyscraper, really) and passed it off as a move to concentrate on its core business, which wasn't real estate. They moved the headquarters to another state, shedding many employees in the process, and claimed it was necessary to bring everyone together into one space. You get the picture.
I finally got out of there and they continued to post losses the following two years. After merger talks fell through, the company's now up for sale.
I'm not getting my hopes up that the WT will crater financially, but I see continuing hints that there are real cash-flow issues. Unfortunately, it's books aren't open to the public like they would be for a publicly-listed company, so we can only speculate.