Identive Group, Inc. provided details on a series of recently-disclosed cost reduction measures to bolster the company’s cash position and support its long-term growth strategy. These measures are expected to result in savings of $4 million to $5 million in the remainder of 2012, and include an 11% reduction in the company’s global workforce, acceleration of the elimination of duplicate expenses at newly acquired companies, reductions in other general and administrative expenses, the consolidati...