IT company with 1 lakh employees can collapse due to massive debt

Once a technology legend, Atos faces a critical period with declining share prices and a Rs 23,000 crore debt due in 2025. High-profile acquisitions, like DXC Technology Co., led to losses, compounded by leadership instability. Atos plans to sell its IT business, negotiate with Airbus, and refinance debts with a court-appointed mediator.