Well Looks Like Henry Has Finally Figured Out He Screwed Up

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TheDevice

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Fender CEO Andy Mooney has stated that fellow guitar giant Gibson, which faces the imminent prospect of bankruptcy, brought about its own financial troubles - and Gibson CEO Henry Juszkiewicz agrees.

In an interview with Forbes, Fender’s head honcho stated, “We've been growing at a faster pace than the industry and enjoying that growth. Gibson’s travails are all of their own making; it’s nothing to do with the state of the industry.”

And Juszkiewicz has taken responsibility for those mistakes, telling the New York Times his plan to transform Gibson into a music lifestyle company “wasn’t a great decision… It didn’t work out very well. I think it was a rational decision, but it turned out to be a very poor decision, and it’s a decision I made.

https://www.musicradar.com/news/fender-ceo-andy-mooney-gibsons-travails-are-all-of-their-own-making

 

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rockstar232007

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Referring to the people who don't agree with his decisions as "trolls" didn't help him, either.

At this point, I really don't care what happens. Many people can't afford new Gibsons, anyway.

The good news is, he so overly-saturated the market, that in the future, used ones will pratically be given away.
 
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