Trading Metrics Restructures in Survival Bid

- WatersTechnology Staff
- 12 Dec 2008

Chief executive Jeff Drew says that despite December proving the vendor's most successful month to date for new sales, revenues were not yet enough to support Trading Metrics' cost base, and management has decided "to close the company in an orderly manner."

The company has laid off most of its 15 staff, though a skeleton management team is staying on to oversee the restructuring process and "decommission the current corporate shell," says Drew, who will continue to be involved with the company

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe

You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@waterstechnology.com

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@waterstechnology.com