Published: 2 Jun 2020, 15:28 Leclanch is undergoing a strategic reorganisation of the company and said it has secured funding for its manufacturing and R&D activities while also announcing a pivot towards becoming a green tech software and systems integration company. After first revealing that the reorganisation would be forthcoming in September of last year,…
Italian giant Eni is reportedly considering a major reorganisation of its business in response to the current market that would see it breaking off into two separate units. According to a report by Italian media outlet IlSole24, Enis restructuring plans could see one segment of the business dedicated to oil-related midstream and upstream activities, with…
June 02, 2020 04:00 ET | Source: FTI Consulting, Inc. LONDON, June 02, 2020 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Matt Callaghan as a Senior Managing Director in the firms Corporate Finance & Restructuring segment in London, where he will lead the UK mid-market and insolvency offering. Mr…
Infosys is planning to reduce senior roles in the workforce in a staggered manner. Delivery managers, AVPs, VPs and SVPs would be some of the roles that would be impacted BusinessToday.InNew Delhi Last Updated:June 1, 2020 |13:48 IST Infosys is restructuring the company’s higher rungs in order to ensure faster decision making and flatten the…
Independent media business Grant Broadcasters is preparing for a restructure of its digital assets, appointing new group general manager digital Bianca Shugg to oversee the operation. A newly re-formed digital leadership group, constructed of four different verticals, will now report to Shugg who joined the company in January from Southern Cross Austereo (SCA) and began…
A leading special situations and restructuring lawyer, Matt has broad experience acting for a wide range of stakeholders, including debtors, banks and alternative capital providers. He has advised on transactions across the credit spectrum, including cross-border and domestic financial restructurings, lending transactions, and distressed and recovery situations. Matt joins one of the world’s leading restructuring…
Dive Brief: Credit card startup Brex laid off 62 employees as the company restructures over the impact of the coronavirus pandemic, co-founders Pedro Franceschi and Henrique Dubugras announced in a blog postFriday. The layoffs make up about 17% of the Silicon Valley-based fintech’s total workforce, according to a Pitchbook estimate, cited by Business Insider. Brex,…
June 01, 2020 09:15 ET | Source: SHARC International Systems Inc. VANCOUVER, British Columbia, June 01, 2020 (GLOBE NEWSWIRE) — SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC” or the Company) announces that on May 29th, 2020, further to its news release dated May 27, 2020, it has closed a non-brokered private…
Brex, last valued at $2.6 billion, is restructuring its credit card for startups business and cut 62 staff members, the co-founders Pedro Franceschi and Henrique Dubugras said in a blog post. “Today we’re restructuring the company to better align our priorities with this new reality, while simultaneously accelerating our product vision. With that, I have…
Latest reports emerging, talk about the potential sale of the Williams F1 team. Now another team may be following suit. French Car manufacturing company, Renault recently announced that they will be cutting 15000 jobs worldwide. This comes under a massive restructuring plan by Renault. The French car manufacturing company saw car sales plunge dramatically this…