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0.020979020979021 0.020979020979021 -0.0279020979020978 -0.0279020979020978 -0.0279020979020978 -0.0279020979020978 0.0107692307692308 -0.00846153846153831
Stock impact report

OSS Initiates $3 Million Reorganization and Expense Reduction Program to Support Long-term Sustainability and Future Growth

One Stop Systems, Inc. (OSS) 
Last one stop systems, inc. earnings: 3/26 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: onestopsystems.com/investors
Company Research Source: GlobeNewswire
ESCONDIDO, Calif., April 13, 2020 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in specialized high-performance edge computing, has initiated a structural change and expense reduction 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. This initiative involves immediate selective workforce and expense reductions companywide, including at the senior management level. Other key changes include consolidating acquired operations and realignment of managerial responsibilities.    Earlier this year, the company’s board of directors implemented a change in senior leadership to deploy a different skill set for taking OSS to its next level of growth and development. This reorganization and expense reduction program reflects the combination of Show less Read more
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