RE:Cost Optimization Measures??
lol same b.s they been spouting since the IPO, just worded differently. Reduced head count means layoffs because their products are not performing. Don't be fooled by these crooks. Lays off, spending reduction, etc are all terms used by a dying company. How about axing half the board and terminating John Proctor immediately, theres an annual cost savings of 1million. This isn't for shareholder value, it's simply to keep this company afloat another few quarters so they can continue collecting their salaries. Not one of them deserve a pay cheque. The only thing that would save this company is a complete restructuring from the top to the bottom with all new employees and management, and that probably still wouldn't be enough. The writing is on the wall, nobody wants their products. People should be knocking down their door demanding the product, instead they are begging and panhandling for business, quite embarrassing really