[speakfreely]

That's not what they're talking about. They're talking about companies that are inherently unprofitable or barely profitable but hire huge sales or marketing teams to drive revenue growth, which enables them to seek cheap debt and venture capital to keep the music playing. These companies employ hundreds, thousands, maybe tens of thousands of sales people, marketers, and all the HR/security/facilities/IT staff that support them.

Killing zombie companies will be devastating to all these people.