Hi James,
The knife industry has been hit very, very hard over the past couple of years and layoffs have been heavy. Rumors Ive heard of layoffs at Buck, Benchmade, Leatherman, and others have been noteworthy.
You were asking my response to the article: if the choices are no Buck versus a restructured Buck, Ill take the latter in a heartbeat. Its called smart business; or more bluntly, flat-out survival. More companies are doing this. Taiwan is getting much more knife manufacturing business (and rightly so because their quality is significantly growing at a noteworthy value) and China is beginning to be recognized for emerging "quality" for very cheap prices. Also, moving companies (of all kinds) from large, expensive metropolitan areas to smaller, cheaper cities to work from have been going on for decades.
I posted this image (which I scanned and edited togetherfor the image and text were found on different pages of the article) and referred to the Time Magazine article not necessarily to elicit dialog on the topic of the piece (if that was the case, I might post this maybe in Community or Politics), but rather, I posted this more to take note of a knife company and knife icon being referenced in a major media piece.