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A tenth of its workforce will go and a Carlsbad facility will be closed down.It has announced a 10 per cent cut in the base salaries of its VP and executive-level management teams, including the CEO and president, Dana Kammersgard, and CFO, and a five per cent cut in the base salaries of certain of its employees below VP level.It wants to break even with revenues of between $60m and $65m.
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