Over 30 jobs cut...considering that others in the tech area are aummarily cutting 20% from their workforce also, I guess this should have been expected. I am glad they are again making the right move to keep our goal of profitability a reality.
HC -- Agreed. The right medicine at the right time. A prudent move that every other astute management team is making during this period of weakening/sluggish revenue generation. Congrats to Kathie on her first (that we know of) major decision . . . focus on the bottom line until business revives/ramps up. BTW, this is exactly what Dain Rauscher's analyst has been espousing: that significant cost-cutting would be required as part of the "flawless execution" scenario. So now all we need is some decent news re OnStar, GM, IBM, ASKJ, NUAN, SPWX, ATHM, AMZN, VZ, SCH, Fidelity, etc., etc., and we're off and running. IMHO, something good is likely to come from one or more of these opportunities -- or perhaps some others that are less apparent -- in the not-too-distant future. Come on, revenues!!! |
