The Traderszone Network

Published in TZ Latest News 10 October, 2014 by The TZ Newswire Staff

Update: MicroStrategy Makes Heavy Workforce Cut

By Marshall Hargrave:

MicroStrategy (NASDAQ:MSTR) broke the news that it was cutting a fifth of its business intelligence workforce, with the employees spread across various continents – shares jumped nearly 9% on the news. The deal is expected to save $75 million a year in operating expenditures.

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