LONDON – Infiniti Motor Co., the luxury division of Japanese automaker Nissan, says its withdrawing from Western Europe offering another blow to carmakers in the U.K. bracing for Britains departure from the European Union. The company said Tuesday that as part of its restructuring plan, it will cease making two models, the Q30 and QX30,…
CAMP HILL, Pa.–(BUSINESS WIRE)–Mar 12, 2019–Rite Aid Corporation (NYSE: RAD) announced today a leadership transition plan and an organizational restructuring to better align its structure with the Companys operations and to reduce costs. As part of the leadership transition, John Standley will step down as chief executive officer. The Board will promptly commence a search…
German software maker SAP AGs restructuring plan, announced in January this year, will end up eliminating around 80 jobs in Canada. SAP will lay off 64 employees in Ontario and 15 in Quebec, reported IT World Canada, citing unnamed sources. Most of the jobs facing the axe are at the companys research and development (R&D)…
New York Media, the parent company of New York magazine, laid off 16 full-time staffers and an additional 16 freelancers or part-time employees as the publication restructures, chief executive Pam Wasserstein said in a memo to employees on Monday. The cuts represent about 5% of New York Medias full time staff. It has been a…
Adam Moss departure from New York Magazine is looking well-timed. Just a few weeks after his resignation as editor in chief after 15 years, the magazine is embarking on an internal restructuring that has claimed the jobs of 16 full-time employees, equal to 5 percent of the full-time head count, and another 16 part-time employees…
| 48 mins ago New York Media is laying off 16 full-time staffers and an additional 16 part-time and freelance staffers in a restructuring that is intended to put it on firmer financial footing, the company said today. The cuts primarily affect New Yorks audience development and circulation teams, its copy and fact-checking desks and…
Mach7 Technologies Limited (ASX: M7T) is into the development of innovative data management solutions. The data management is used to create a clear and complete view of the patient based on which diagnosis is done. The company provides a vendor-neutral foundation for unstructured data consolidation and communication through its imaging platform. The company today on…
Sandy Ogg Releases /grow: The CEOs Master Playbook for Coaching Value into Existence New York, March 11, 2019 Sandy Ogg, founder of CEO.works, today announced the publication of /grow: The CEOs Master Playbook for Coaching Value into Existence (available now). The book was published with ForbesBooks, the exclusive business book publishing imprint of Forbes. Ogg,…
The chairman of ailing government contractor Interserve has issued a stark warning that the company will run out of money and collapse into administration if shareholders do not back a rescue deal that will be put to them on Friday. The debt-laden company, which has thousands of government contracts to clean hospitals and serve school…
Blockchain and settlement payments technology firm SETL has appointed administrators to handle a restructuring of the business. SETL, which was established by Chi-X founder Peter Randall and appointed the former governor of the Banque De France to its board in January, announced the corporate reorganisation following the completion of a development and investment project in…