5/21/2002 - SBS Technologies, Inc. (Nasdaq: SBSE), a leading designer and manufacturer of embedded computer solutions for the communications infrastructure, commercial and government markets, today announced significant cost reductions which are being taken to return SBS to profitability. SBS today announced that it has reduced its number of employees and contractors by approximately 12%, effective immediately. The goal of these steps is to reduce SBSí operating expenses to a level at which it can be profitable at its current revenue level.
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