M-1 Global in Crisis Mode?

There have been a number of reports lately that M-1 Global, after the huge loss suffered by their biggest star Fedor, is now on the verge of collapsing.  There is virtually no doubt that Fedor's loss has hurt the company's bottom line, but by how much is anyone's guess.  What we do know is that the management of M-1 Global, while simultaneously stating it has nothing to do with Fedor's loss, announced that they are restructuring their company.  Several inside sources say that M-1 Global will be closing several offices, and eliminating up to a dozen positions.