Critical Reasoning (CR) | Re: Because competition has dramatically lowered margins in the industry,

I think that the argument like this way:

Because competition has dramatically lowered margins in the industry, Euroquest must reduce personnel expenditures by at least 15% over the next year in order to remain solvent.(OK, then Euroquest must reduce PE by at least 15%...)

In order to do so(reduce PE by at least 15%) ,
Euroquest would have to cut entire divisions and benefits programs(mean that Euroquest must do those things to reduce PE by at least 15% or reduce nothing)
such that it would