Many more chopping @ Ivy

Just got news from a friend from Ivy. There is going to be complete shut down of the BPO section by June 30. Don't know what they have in mind about Technology. But Technology would also follow suit. In past the CEO had explictly told that they would not cut the work force, after parent compnay Party Gaming lost US $ 9 in three trading session, but it did happen and there was 25% reduction of Technology. BPO has been already reduced by 75%.