Warden's company lost $1.1 billion in the 4th quarter of 2015, holy shit that is a chunk of money but they are a huge company. (Publicly Traded Company Filing Information, no secrets there)
CEO XXXX said the company was stepping up its cost-cutting program and reining in spending.
- And we all know "cost cutting" as a solution always means more layoffs, sure hope they are offering some very nice packages.