> I'm actually pleased to hear that a tech company is going to perish. Too many of them think they are invincible (airbnb)
The OP said a tech and not theranos. Wishing failure on really any company is IMO a terrible attitude. What you want is the company to change and improve.
It appears the OP is glad that people will loose jobs and options in the company (i.e. regular employees).
I don't agree with North Korea or China but do I really want them to fail? No you want change and improvement.