In a significant restructuring move, Asda is cutting 475 positions at its Leeds and Leicestershire headquarters.The decision impacts less than 10% of head office staff to…
Browsing: restructuring
The owner of Selfridges sees a significant rise in both losses and sales.Pre-tax losses nearly doubled to £340.3 million by February 2024.Sales climbed sharply, increasing 95%…
Frasers Group has raised serious concerns about Boohoo’s current management, proposing substantial leadership changes.Frasers seeks to replace outgoing Boohoo CEO with its founder, Mike Ashley, highlighting…
Recent developments hint at potential structural changes within the Boohoo Group, a major name in online fashion retail.A BBC report suggests that Boohoo Group is considering…
Nestlé’s new CEO, Laurent Freixe, undertakes significant restructuring to address weaker sales and improve future performance.Freixe combines regional zones and reshuffles the executive team aiming for…
In a significant move, KPMG and NatWest have rejoined the CBI, signaling renewed trust in the organization’s reform efforts.The CBI faced a severe sexual misconduct scandal…
Dr Martens has announced a major restructuring, impacting 150 roles at its UK and US head offices.The cost-saving initiative aims to reduce expenses by £20-25m following…
Dobbies Garden Centres has announced potential closures impacting Waitrose concessions.Seven out of 17 Dobbies stores with Waitrose concessions face closure due to restructuring.This restructuring aims to…
Martin Kottbauer steps down from Lidl after 28 years as restructuring merges his role.Kottbauer served in multiple senior positions, significantly impacting Lidl’s growth.His departure follows Lidl’s…
Asos embarks on a significant restructuring of its technology team, heightening focus on innovation.The restructuring involves an increase in product managers and software engineers, impacting various…