redbox (Photo credit: kalebdf)

Is It Wise To Invest In Redbox?

Outerwall, the company behind Redbox, has recently announced that Anne Saunders (President of the Redbox unit) has left the company and that her place is temporarily being filled by Redbox's existing executive team. In addition, the company has announced that it will be reducing its workforce by about eight and a half percent. The ailing company is responding to calls for restructuring, but the question must be asked - is it wise to invest in Redbox?