No one said anything about bankruptcy, you seem to have made that up for your "argument" or whatever this is. The company didn't have a viable business model and was running out of cash. MSFT right-sized the team for the project they wanted it to be, rather than the business model the prior company was trying to be.

Yeah, it's like people are forgetting that the executive team at GitHub was composed of sex pests and people defending said sex pest. Of course they'll call any attempt at unionizing as "damaging" to the company and must be blamed accordingly!

After all the company was in such dire straights that they were acquired for $7.5 billion! Only companies with terrible prospects get acquired, that's just business 102.