Thread regarding DDi Corp. layoffs

Mikel Williams, President and CEO of DDi, stated "The second quarter reflects another solid performance. Despite the continued challenging market environment, we are managing our business well - as reflected in our margins and profitability. During the second quarter we extended our capabilities in both the military/aerospace and ATE markets, and continue to gain customer approvals and preferred supplier selections. I am particularly pleased with our ability to manage our costs during these times, as operating expenses excluding non cash amortization expense were down 14 percent over last year's Q2 and were down 11 percent sequentially over the first quarter. As a result, our liquidity and cash balance continue to strengthen while we invest in capabilities for our customers."