OSS - Research - One Stop Systems (OSS) - Initiates Expense Reduction and Reorganization Plan

Moves to Strengthen Company: Near and Long-Term. Yesterday, OSS announced it has initiated a structural change and expense reduction plan designed to align the company's operations and goals with current market uncertainty while positioning OSS for future growth. The company expects the program to be substantially complete in the current quarter and realize savings of $2.5 million to $3 million on an annual basis.Reorg Plan. The major part of the reorg plan is an intensified focus on product marketing development, with the product marketing team now the hub for cross functional coordination with sales, engineering, operations, and finance. This team now will be responsible for...Read More >>