Item 9 Labs Fires 20% Of Its Workforce, Reduces Total Overhead Expenses By Over 15%
Item 9 Labs Fires 20% Of Its Workforce, Reduces Total Overhead Expenses By Over 15%Item 9 Labs 解雇了 20% 的员工，总管理费用减少了 15% 以上
Item 9 Labs Corp. (OTCQX:INLB) announced its efforts to streamline operations and consolidate employee duties.
With a goal of efficient profit creation and shareholder value, the company has consolidated employee headcount by 20%, which reduces many redundancies and better positions the company to become profitable while maintaining scalability. Further, in concert with the personnel shifts, the company has implemented other cost-saving measures designed to reduce total overhead expenses by over 15%.
Item 9 Labs Corp. announced leadership changes with the appointment of its chief franchise officer, Mike Weinberger, to CEO.
"We believe the Sessions acquisition has the potential to be a