SAP employees in Australia are facing an uncertain future with their employment after the business software giant announced it is cutting 4,400 jobs worldwide as part of its restructuring. In its quarterly markets statement, SAP revealed plans to reduce its global workforce as the company transitions from a traditional software delivery to a more cloud-based…
A consultant in restructuring and insolvency, Mr Felix E. Addo, has been appointed advisor to the National Investment Bank (NIB) to oversee the restructuring of the state-owned lender. The Bank of Ghana (BoG) announced the appointment of Mr Addo, who is the President of the Ghana Association of Restructuring and Insolvency Advisors (GARIA), in a…
A consultant in restructuring and insolvency, Mr Felix E. Addo, has been appointed advisor to the National Investment Bank (NIB) to oversee the restructuring of the state-owned lender. The Bank of Ghana (BoG) announced the appointment of Mr Addo, who is the President of the Ghana Association of Restructuring and Insolvency Advisors (GARIA), in a…
Paramount Pictures laid off roughly 20 staff members from several departments on Tuesday as part of a restructuring effort, insiders familiar with the matter told Variety. Departments including legal, business affairs, TVand finance were affected. Cuts were not major and largely affected back-office staff. Paramount chief operating officer Andrew Gumpert addressed the matter in a…
A consultant in restructuring and insolvency, Mr Felix E. Addo, has been appointed advisor to the National Investment Bank (NIB) to oversee the restructuring of the state-owned lender. The Bank of Ghana (BoG) announced the appointment of Mr Addo, who is the President of the Ghana Association of Restructuring and Insolvency Advisors (GARIA), in a…
Kinney Recruiting LLC Description An Am law firm in the Midwest has an immediate need for an associate for its Business Restructuring and Bankruptcy practice group in Ohio. The winning candidate will have 2-5 years of bankruptcy practice experience and outstanding academic credentials. Judicial clerkship for a bankruptcy judge is a plus. Must be barred…
SINGAPORE, Jan. 29, 2019 (GLOBE NEWSWIRE) — ASLAN Pharmaceuticals (Nasdaq:ASLN, TPEx:6497), a clinical-stage oncology-focused biopharmaceutical company developing novel therapeutics for global markets, today announced a strategic corporate restructuring to focus its resources on its lead clinical programs: varlitinib in biliary tract cancer (BTC), ASLAN003 in acute myeloid leukaemia (AML) and ASLAN004 in atopic dermatitis. ASLAN…
Verizon Communications Inc.s core wireless business continues to add customers in the crowded U.S. market, but the companys quarterly profit was hit by charges related to a restructuring in its struggling media business. The carrier previously said it added a net 653,000 new postpaid phone connections during the final quarter of 2018. That pool of…
Business News of Tuesday, 29 January 2019 Source: Graphic.com.gh Mr Felix Addo is mandated to oversee the streamlining of the operations of National Investment Bank A consultant in restructuring and insolvency, Mr Felix E. Addo, has been appointed advisor to the National Investment Bank (NIB) to oversee the restructuring of the state-owned lender. The Bank…
by Joe Panettieri Jan 29, 2019 SAP CEO Bill McDermott SAP will take a restructuring charge of up to $1 billion amid slowing growth in the companys cloud services bookings, and some targeted challenges elsewhere in the business. The big question mark: Is this just a software company in transition, or is the restructuring charge…