RE:Yellow Media Announces Realignment of Workforce Thank you xulferdica,
This is materially important to maintaining margins above 40%. Margins have been erroding by 1% per Q primarily because of fixed legacy costs related to their print business. In the Q1 transcript mgm't noted they had reduced fixed costs as much as possible. If this is a sign of the steps Billot will take to boost cashflow and errase debt it is a very positive sign of new mgm't. They can't do much about the top line, but they can control legacy costs which is something the previous mgm't did not tackle seriously.