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Tag archive for ‘Cost reductions’

Aviza reports net gain thanks to dollar’s strength and “reduced compensation program” for employees(0)

aviza-logoAviza Technology boss Jerry Cutini said today he was “very pleased by our employees’ performance” during its fiscal 2009 first quarter, according to a statement included inthe company’s earning release. The company reported a $1.3 million net profit compared with an $8.5 million net loss in the year-before quarter. This despite a 26 percent year-over-year drop in sales.

Cutini said in a statement Tuesday that “the effects of our cost reduction and cost control programs were Read the rest of this entry »

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