Brief: Onfolio Holdings Reduces Costs
Oct 26 (Reuters) - Onfolio Holdings Inc ONFO.O :
* ONFOLIO HOLDINGS INC. REDUCES COSTS TO PROVIDE MORE
STREAMLINED
AND EFFICIENT OPERATIONS
* ONFOLIO HOLDINGS INC - COST REDUCTIONS INCLUDED HEADCOUNT
REDUCTIONS, ELIMINATION OF ROLES THAT NO LONGER SERVED EFFICIENT
OPERATIONS
* ONFOLIO HOLDINGS INC - EXPECTS THESE COST REDUCTIONS TO
SAVE
APPROXIMATELY $1 MILLION PER YEAR.
Source text for Eikon: ID:nGNX84jwg7
Further company coverage: ONFO.O
((Reuters.Briefs@thomsonreuters.com;))