The world’s second-largest maker of digital cinema projectors plans to fire an undisclosed number of workers and signaled it may sell some unprofitable operations to reduce annual expenses by 30 million euros. Chief Executive Officer Martin De Prycker stuck to an earlier forecast that full-year sales will increase after first-half revenue unexpectedly dropped.
De Prycker declined to give an estimate for the total number of workers being fired, saying only that the company reduced its workforce of 3,744 by 3 percent this month.
http://www.digitalcinemainfo.com/barcodigitalcinema_07_23_08.php
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