That's really sad. I never owned any, but it always looked to me like a goto for multi-function boxes. Prepacked sound. Room friendly, etc, if not audiophile. On the expensive side though.
Worse news is that the company seems to include Pioneer :(
I blame Henry Juszkiewicz, former Gibson CEO, who oversaw purchase of Onkyo in 2015. Was sold off in 2018 due to Gibson bankruptcy and Onkyo never recovered.
100% agree, Gibson bought a ton of companies, had zero plans for them, took on tons of debt, cut corners on their core business and ran everything into the ground.
I randomly took a look at the Glassdoor for them back in the day and saw the same complaints as well. Funny and sad how this isn't the first time I heard about a situation like that, big company buys smaller one and runs them into the ground.
Henry also tried to flood Glassdoor with his own “reviews”. Thankfully the board voted him out and the new CEO seems to be doing okay. I almost wished I worked there now. Although pay is still pretty low.
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