Moore Means Less - $100M
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"After an initial review if the organization, it is, in my opinion, glaringly apparent that the results of the company are unacceptable," Burton says. "The costs of this company are completely out of line with our revenue. As a result of this misalignment, I am initiating actions that are designed to reduce our expenses by $100 million during the course of the next 12 to 18 months."
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