What's gone wrong at UB?

[SweetPea]

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They were bought by Absolute a few months ago... I severely doubt the issue is that they need cash.


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I'm not suggesting that UB is going bankrupt, but is it possible that they are low on liquid funds? Seems to me that the Absolute buyout would remove money from their combined coffers as payout to the previous owners...not help their money woes.

Another theory: What's the yearly profit on delaying every cashout by 1 week? That's a lot of interest. I know I work for a small company and the money they earn by pushing our paychecks to monthly instead of weekly is significant.