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Article: TheStreet.com Cuts Costs in Continued March to Profitability; Reduces Staff by 20%, Plans to Close UK Operation, Winds Down New York Times Joint Newsroom.
- Article from:
- PR Newswire
- Article date:
- November 16, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Nov. 16 /PRNewswire/ --
TheStreet.com, Inc., (Nasdaq: TSCM), a leading provider of financial news and commentary, today announced the cost-cutting portion of its 2001 business plan -- a plan designed to make the company cash flow positive by the second half of next year. Specifically, the company said it will reduce its workforce across the board by 20%, close its UK operation, and wind down its joint-venture newsroom with The New York Times by the end of this month.
"In today's environment, companies have two clear choices: chart a direct path to profitability or shut down," said Thomas J. Clarke, Chief Executive Officer. "We're in this for ...
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Article: THESTREET REPORTS MULTIPLE TRANSACTIONS BY DIRECTOR CRAMER ...
US Fed News Service, Including US State News;
July 17, 2009 ;
319 words
...WASHINGTON, July 17 -- TheStreet Com (TSCM), New York, has filed a Form 4 with the Securities and Exchange ... held by Director and 10 percent owner James J. Cramer, New York. On July 15 the action involved disposition of 22,500 ...
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