I dont understand how they're cutting costs (for like last 2...

I dont understand how they're cutting costs (for like last 2 years) but hold offices worldwide which half are probably empty? I think we have a syd and melb office and whats the purpose of this? Our business isnt even in Australia anymore is it? We're targeting overseas i.e. Germany and USA... I know there are leases and what not but they would've been renewed at some point recent. I wonder what other expenses there are which we cant see, i bet there is plenty.

Absolutely poor management, BOD are a joke and management seem to be clueless.