Pros – If you want to try being part of a company that has one last chance to bounce back with their SL product, then try it out.
Cons – They probably have a 50/50 shot of success with their new product. Even if they succeed, they would only return to making a small profit so there would not be much room for growth.
Advice to Senior Management – COMMUNICATE with each one of your employees and customers. It's easy to do because there aren't many of them left.
No, I would not recommend this company to a friend