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Tag: Restructuring

StanChart unveils cuts to save US$400m

Job Market Trend Report Banking , Restructuring , Business , Closure , Layoffs
Banking giant seeks to reduce costs by pulling out of equities and capital markets and axing 2,000 more jobs as two senior executives retire ...

HP to split into two in bid to stay competitive

Job Market Trend Report computer , HP , Technology , Restructuring , EMC
Technology company the latest player in the industry to shake up business structure ...

Switch to stability

By Contributor Job Market Trend Report Senior , Banking & Finance , Elite Finance , Pay Now , Page Executive
Regulators and investors continue to demand that banks run their business while reducing the perceived financial and reputational risk of a cyclical investment banking business, writes Karl Franzmann. ...

Alcatel’s cost-cut may affect global headcount

By Agencies Job Market Trend Report Alcatel-Lucent , Restructuring , France , Michel Combes , network-equipment vendor
Michel Combes, CEO of French network-equipment vendor Alcatel-Lucent, says measures will include departures, staff reallocations, strategic hiring and sale of €1 billion in assets ...

Distress managers

By Rick Gangwani Successful High flyers’ story Professional Services , Alvarez & Marsal , Industry Insider , Business Management , Forensic Accounting
With the global economy in a perpetual haze, a growing number of Asian companies – exporters in particular – are reaching out for... ...
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