That's right, 400 jobs. I believe they have already been cut. Their conference call said they are looking at many ways to save money.
They restructured the commission table to favor the big cruise sellers. They are going to save in commission payouts and allow the big sellers to make more money (hurts the small agent is my guess).
They are also looking at cutting other corporate expenses like "travel & entertainment."
I am the editor, but I also speculate, ask questions and play devil's advocate. I reserve the right to change my mind.