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Irvine Sensors Reduces Work Force

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COSTA MESA, Calif., Feb. 8, 2011 — Vision systems company Irvine Sensors Corp. recently released more information on the operational streamlining discussed by CEO Bill Joll in a conference call on Jan. 27, 2011. Joll’s outline regarding the implementation of organizational realignments has been completed and is expected by the company to produce initial annualized expense reductions in excess of $1.4 million. The reduction is anticipated based on a 19 percent reduction in the work force, consisting primarily of staff not fully utilized in support of the current product and revenue focus. The staff-related...Read full article

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    Published: February 2011
    AmericasBill JollBusinessImagingIrvine SensorsIrvine Sensors Corporationoperational streamliningorganizational realignmentSensors & Detectorsvision systemswork force reduction

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