FriendFinder Networks Implements Cost Reduction Initiative

MARKETWATCH – Jan 25 – Leading internet and technology company FriendFinder Networks Inc. has announced the implementation of a cost reduction initiation to more closely align with its new business model. CEO Marc Bell stated that the company is taking steps to reduce their operating costs as part of their efforts to reorganize their operations. In an effort to reduce operating expenses and increase shareholder value, the company is consolidating their global offices to fewer locations and relocating several operations to their main facility in Sunnyvale, CA.

The full article was originally published at MarketWatch, but is no longer available.

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