First of all, the announcement in December was an estimate forecast should our financial situation not improve, and the majority of the cuts—and this was very clearly stated in the release—would occur in the next fiscal year. We were giving a long runway in order to be able to improve. In fact, we, as a management team, are very focused on improving the results and reducing the cuts to the extent we can. The longer we have to work on a problem, the greater chance we have of achieving the result.
On January 30th, 2024. See this statement in context.