I couldn;t access the full article, but this is definitely not the beginning of the end .. In fact, according to some, just the opposite:
Gibson's guitar-making future
Gibson also makes banjos and mandolins and pianos through its Baldwin subsidiary. Guitars are the most identifiable product, however, and Gibson will continue to make them under the bankruptcy restructuring plan.
In fact, Josh Friedman, a senior legal analyst at Debtwire, told The Tennesseannewspaper in Nashville that the Chapter 11 reorganization is actually a good sign.
“For people who are worried about whether there will still be Gibson guitars, this is a good sign,” Friedman said. “When you have investors willing to invest additional funds and take over control, in contrast to the flipside, you could look at a liquidation instead of a reorganization.”