It'll be debt, too. It's your pension fund that will be used to create the buyout.
Quite logical really. As share prices go up, pension funds go up. As expensive engineers get laid off, future pension costs go down. How's my fund doing? Very nicely, thanks. And so wealth continues to get transferred from the young to the old. If they ever really wake up to what's going on, there's going to be hell to pay.