Live Current Media Inc, a media company built around content and commerce destinations, today announced cost cutting measures including a reduction in staff and a domain name sale to the amount of $400,000 US.
The company announced that it has introduced various measures to decrease its monthly operating costs, including a 38% reduction in employees, cancellation of senior management annual bonuses for 2008 and Live Current CEO Geoff Hampson has voluntarily deferred one-third of his annual salary. Pay increases for ... READ MORE