Onkyo has filed for bankruptcy

You know jj49, sometimes people just can’t switch jobs like other people change socks.  Day Care arrangements may limit some.  Others may be approaching retirement age and not exactly look like the belle of the ball on a resume.  They may have elderly parents or sick children that limit their mobility., if not their own medical issues as well. Sometimes you gamble that you can ride the sinking ship until it hits your destination out of necessity.

That sad news sure brought many of tear to my eyes. The Hi-Fi industry will never be the same without a game changer like Onkyo! What’s next Yorx or Lloyds?

@mahler123 1+ "decent midfi." I sold Onkyo products for 4 years 1977-1981.

They were as good as or better than other midfi brands including Marantz, Sony, Pioneer. I sold them all supporting the customer's inclination never choosing a winner myself. Only Kenwood and Yamaha were significantly better in areas. Accuphase was a high end product which was seriously better than the others.

@jjss49 yes I do and people will lose jobs bubba, such arrogance. 

been using Onkyo receiver and CD changer in workshop for 20+ years, great stuff..I thought I read the audio business will remain...I always thought their stuff was good value, and mine have had great reliability...