Step 1: Buy company, load it with debt in the process.

Step 2: Claim company is not profitable (partially due to the interest payments you yourself loaded onto it)

Step 3: Lay off 1/2 the staff.

Step 4: Try to get some of these people back, because you need some projects done (that actually happened)

Step 5: Enforce unpopular and useless work rules.

Step 6: Profit... Maybe?

I want to believe that he knows what he is doing, but it certainly does not look that way!