With Andrews decision to
support Charles felt like “light at the end of the tunnel” for her. Her
perception on downsizing after Andrew’s decision which does involve reducing
people but not limited to workforce reductions only. UPC will varieties of
strategies with layoffs, retirement packages, attrition and so on. It is a hard
blunt but unfortunately that must be taken to focus on our growth and attain sustainability.
Andrew’s plan of action shows best way to cost reduction. This will enable UPC
to make new investments in the future.