At one level the orchestra declaring bankruptcy is just about bad management trying to screw the workers for their own mistakes, but they do have a legitimate attendance problem. I can't remember where I read this, but some columnist described the way concertgoers were treated as something like "problems to be managed." Some of the ushers are, frankly, complete assholes. And shutting down all intermission concession services above the ground floor (no I don't know why) makes it impossible for anybody not in the orchestra level seats to get a drink or a nibble.
Also, too, ticket prices are too high.