Monday, October 13, 2008

CounterPath Announces Job Cuts

Vancouver-based CounterPath Corporation announced a restructuring to lower its overall operating costs by approximately $4 million per year. The restructuring includes a reduction in 32% of headcount (approximately 45 employees and contractors) as well as other operational changes that are being implemented to increase the overall efficiency of the company's operations.

CounterPath's product suite includes SIP-based softphones, server applications and Fixed Mobile Convergence (FMC) solutions.

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