November 30th, 2010 by Arjan Olsder Posted in Companies & M&A | No Comments »
FOX Mobile still hasn’t been sold, so it seems the management is not ordered to reduce costs in the company by laying off several staff members across the company’s global offices.
A source told MocoNews That FOX Mobile is letting go about 15% of their employees but will leave senior management out of the cuts. The job cuts should be happening in a way that running operations should not be effected.