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24hPoker Realizes Cost Savings
24 September, 2007

NEWS

SOURCE: www.ad-hoc-news.de

24hPoker carries out a re-organization that will result in cost savings amounting to approximately 6 MSEK pro year. In the result for the third quarter 1.5 MSEK will be set aside for costs related to personnel cuts.

"24hPoker has not been profitable and we have therefore decided to re-organize and make the organization more efficient to take control over our costs. To realize personnel cuts is never pleasant to do, but cost control is one of the four corner stones we build our strategy on. This is one step in the process of turning the company back into profitability," says Peter Åström, CEO 24hPoker.

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