GuestLogix Inc. announced restructuring and cost savings plans designed to improve operating results. Key restructuring and cost reduction components of the plan include: Reducing GuestLogix' salaried workforce by 30 people, effective immediately within all geographies; Ending engagements with over 25 contractor and third party service providers; Rationalizing service providers for key business services; and Significantly reducing non-essential General and Administrative costs such as travel and entertainment expenses, communication costs, rationalizing excess space, etc.
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2018 | Guestlogix Unveils Future of Connected Travel with On-Demand Travel Services and Experiences | CI |
2018 | Guestlogix Releases New Commerce Platform | CI |
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