Hapi Tours restructures, appoints new executive management team
Alaa Rady appointed as board member, Mohamed Mahmoud as CEO
Latest in Tag: restructuring Highlight
Latest in Tag: restructuring
Siemens logs profit on restructuring effort
German technology giant Siemens has been able to considerably increase its profit in the fiscal year ending September. The company is beginning to reap the fruits of its radical restructuring drive. Siemens’ recent business reorientation saw the German company log a 34-percent jump in bottom-line profit in its 2014/2015 fiscal year ending September, the Munich-based …
Air France to keep 2016 job cuts despite clashes
Air France will go ahead with nearly one thousand lay-offs in 2016 as the struggling firm attempts a massive restructuring. The CEO said that thousands more cuts could be avoided if talks with the union go well. Air France confirmed on Sunday that it would go forward with job cuts proposed as part of a …