If there are no MAR 07 2001
If there are no employees to do the work, is it really a company anymore? Livemind learned this the hard way when they got money from a venture capital firm and 80-90% of the staff staged a walkout because they disagreed with the terms of the agreement. Via Plastic.
This is the second time in recent weeks I've heard of something like this happening...except that the first instance didn't get any press.