Question-and-Answer Session
Operator
Thank you. (Operator Instructions) And first go to the line of T. C. Robillard, with Banc of America. Please go ahead.
Thomas C. Robillard – Banc of America Securities
Great, thank you, good morning guys.
Carl T. Camden – President and Chief Executive Officer
Good morning.
Thomas C. Robillard – Banc of America Securities
I just wanted to talk a little bit about the cost savings that you are going to expect from the Americas restructuring. Now that you guys have completed that can we expect that cost savings to be linear? I know you said, I believe, that it was $500,000 benefit that you got in the fourth quarter. Can we expect that tick to have a linear progression to kind of that annual $2 million level as we go through ’08? Or will it be a little front-end loaded, back-end loaded, just trying to get some granularity there?
Carl T. Camden – President and Chief Executive Officer
It will be fairly linear. Nothing is ever perfect, T.C., but it will be pretty close.
Thomas C. Robillard – Banc of America Securities
Okay and then just on following up on that, will ’08 have a full kind of $2 million in cost savings in the Americas Commercial?
Carl T. Camden – President and Chief Executive Officer
Yes, that’s what we said and we expect it to be so.
Thomas C. Robillard – Banc of America Securities
Okay, great, thanks guys, I’ll get back in the queue.
Carl T. Camden – President and Chief Executive Officer
Good, no problem.
Operator
And next to the line of Toby Sommer, with SunTrust, please go ahead.
Carl T. Camden – President and Chief Executive Officer
Hi, Toby.
Toby Sommer – SunTrust Robinson Humphrey
Hi, Carl, I was wondering if you could give us some more commentary about the somewhat improvement, I guess, in the [euro rate] declines within the technical businesses. And to what extent your own internal actions are helping provide that improvement or is the market helping out. If you could just give us a little more color there.
Carl T. Camden – President and Chief Executive Officer
The technical businesses, Toby, if you followed us, we started telling you on the first quarter that we were underperforming in the market and that we had gotten behind the curve on investment and recruiters and so on. And you have seen us now talking steadily about showing the improvement. I think that, I’m not certain that the overall marketplace for technical is improving as much as it is on the professional sides of the business. And I believe that what we are doing is primarily the case of us catching up to where the rest of the market is as opposed to generic improvement.
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