Skillsoft – An Analyst Perspective
Craig Weiss,
E-Learning 24/7,
Jun 23, 2020
"Employees at Skillsoft were notified in May 2020 that a reorganization of debt was occurring," reports Craig Weiss, "a method that usually means the company is trying to avoid filing for bankruptcy." This post is an analysis of the reason's for the company's current dire straits. " The only way Skillsoft survives long-term," he writes, "is that they get acquired by someone. First, I'd break up the company with SumTotal Systems LLC., as a separate entity, then sell off Percipio, for more of a customer buy, and retain the Skillsoft brand for the courses and content side of the house." Weiss isn't the best writer, but his observations are usually pretty good.
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