24hpoker Cuts Personnel to Realize Cost Savings

Monday September 24, 2007

"24hPoker has not been profitable and we posses consequently decided to re-adapt and adjust the arranging amassed efficient to haul ascendancy over our costs," oral CEO Peter Astrom agency a press release today.

"To catch personnel cuts is never pleasant to achieve, but cost ascendancy is one of the four corner stones we figure our plan on. This is one step access the channels of turning the company back into profitability," also Astrom.

The online poker operator, which ascendancy the second place 2007 reported a loss after tax of SEK 11.1 million, said it looks at cost savings of approximately SEK 6 million per year.