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According to the article, "Monster said it would immediately begin cutting 800 jobs, mostly in North America and outside its sales functions. It will also take steps to centralize functions like finance and human resources and said it aims to cut operating expenses by $150 million to $170 million per year."
"We're prepared to invest half of whatever we save back in the company," said Sal Iannuzzi, CEO, in an article on www.azcentral.com.
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