simon ehrenfeld delusional, page-175

"30%" or whatever it really was comprised the lowest paid positions they thought could be taken over by the micro call centre in Malaysia they picked up from the share swap for some very tiny failed ISP a few months back.

The real salaries that need to be cut are the top paid positions in the bloated "corporate office".

The customers that need to be got rid of are the "wholesale" customers who buy on low margins and continually late pay their bills and, as companies, are unlikely to see out the next few months.

Effectively the only real value within Eftel is the retail customer base and the mortgaged to the hilt ADSL2 DSLAMs - that's doubtful without a contract change.

However that can either be made immediately profitable via getting rid of a lot of overpaid people who do very little at the best of times and nothing of value recently or moving forward.

None of ths is relevant as a new operating plan for the company would have to be agreed with the shareholders who vote their shares to replace the current management and directors.