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We are definitely not shutting down our site, or our operations, or the company, but Socializr has taken cost reduction steps to adjust both to the economic conditions and the time required to grow an event invitation service, and we expect these moves to help us get close to cash-flow positive, albeit on a very lean burn-rate, and last a couple of years without needing further capital.
Similar(58)
This is an important step towards cost reduction of solar thermal power.
High volumetric production, cost reduction and the simple one-step chromatographic purification of the His-tagged recombinant enzyme, makes this GLA an economic tool to be used in the 7-ACA industrial production.
These accumulative approaches for cost reduction can take algal process one step closer in achieving the economic feasibility.
This can result in a substantial cost reduction when the cargo is a recombinant protein since the extraction and purification steps can be simplified.
Bulk data migration between datacenters is often a critical step in deploying new services, improving reliability under failures, or implementing various cost reduction strategies for cloud companies.
Only easy steps were chosen in this preparation technique in order to simplify the method, aiming at cost reduction.
Cost reduction is also painfully slow.
They can't talk about cost reduction.
Cost reduction measures are being aggressively implemented across the Group.
Profitability: Align cost reduction with sustainability.
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CEO of Professional Science Editing for Scientists @ prosciediting.com