The problem is most employees don't have enough control to do anything about bankruptcy. Even if you see it coming you can do nothing about it from your position. seeing it coming is also hard as employees are rarely given that information - odds are a significant chunk of employees find out about the bankruptcy via the nightly news when it is too late. Once you have hindsight it is easy to look back at the financial statements and see it coming, but most people are not qualified to read those statements and so won't understand what they mean - or how a bankruptcy event looks different from normal ups and downs.