Jamba Juice 2014 Annual Report Download - page 89

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During our last fiscal quarter we implemented a number of strategic initiatives focused on cost reductions, including the implementation of our
arrangement with a third party provider of technology and outsourcing services and a workforce reduction of approximately 11% of our employees at our
support center. While we expect the impact of these initiative will lessen as we complete our transitional steps in our outsourcing arrangement, these
initiatives contributed to the lack of availability of finance and accounting resources which materially affected our internal control over financial reporting.
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