The total employee counts will see a 5%+ reduction in all Business Units in the USA by end of June 2013.
Layoffs will continue in July and August. If company does not see a financial turnaround by the third quarter then layoffs will continue in the fourth quarter and further. The plan is to see additional layoffs outside the US but majority of the cuts will be here in the states. By the end of this fiscal year you'll see at least 10% head count cut with possible additional layoffs taking place in 2014 and 2015.