And there have been some corporate changes such as the appointment of a new CEO and a reduction in headcount of over 50 % in 2011. (longtermvalue.wordpress.com)
And we can't increase headcount by bringing in an instructional designer - what if this eLearning thing is just a passing fad? (litmos.com)
This prompted a comprehensive restructuring plan in October, which reduced headcount by 50 %, closed their Bahrain office & offered annualized cost savings of 40 %. (wexboy.wordpress.com)