OTCQX:BGMZF - Post by User
Post by
yaponskion Jul 29, 2014 2:37pm
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Post# 22790976
Cost Cutting Steps an Uncle Eric CEO Might Take
Cost Cutting Steps an Uncle Eric CEO Might TakeWe should build up a working list of cost cutting steps that Uncle Eric is probably going to want to see the new CEO undertake.
My number one pick for the list would be:
- Outsource the current IR function and make the current IR group redundent. The current IR group would be allowed to bid on the outsource contract but the low cost provider is probably going to provide adequate IR function at about 10% of the current IR budget (load labor rate, office space, etc.).
The Duderino, aka the Dude, aaka the long tall one, what is your take on outsource IR? Good idea? Will you contribute another item to the cost cutting list?