AMA Corp PLC Streamlines Operations to Sustain XpertEye

AMA Corporation PLC, a company known for secure productivity applications, is undergoing a significant organizational overhaul. This change aims to reduce its cost base while maintaining the essential functions of its XpertEye platform. The decision comes as the adoption of new technological solutions has been slower than expected, amid challenging economic conditions that influence investment choices and extend sales cycles.

The reorganization in France involves the elimination of eight positions, leaving a core team of 11 employees. These employees will focus on R&D, sales, customer support, and corporate functions. Subsidiaries in the US and Germany remain operational, with a total of four staff members. This streamlined structure is designed to ensure the continuity of the XpertEye platform and associated services.

The reorganization is expected to cost around €400,000 but aims to save approximately €650,000 annually in payroll costs. Active pursuit of strategic alternatives continues to support the platform's development and maximize asset value.