Peerless Systems (PRLS) cut 20 jobs as it deals with falling revenue.The El Segundo, Calif., digital imaging company said it anticipates revenue in fiscal 2008 will be slightly below revenue in fiscal 2007, though net income should be comparable. A series of block licenses expected during the second half of fiscal 2008 should make the third and fourth quarters markedly stronger than the first and second quarters.
Peerless Cutting Jobs
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