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DewDiligence

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DewDiligence

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Re: DewDiligence post# 179797

Tuesday, 09/09/2014 5:10:27 PM

Tuesday, September 09, 2014 5:10:27 PM

Post# of 257268
AUXL to lay off 30% of workforce:

http://finance.yahoo.com/news/auxilium-pharmaceuticals-inc-announces-corporate-210000459.html

Auxilium has identified annual cost savings totaling greater than $75 million, which includes reducing headcount by approximately 30 percent, the majority of which will be immediate, realigning the commercial organization from three into two sales forces, focusing its R&D efforts and expenditures and improving manufacturing efficiency.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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