PARIS, FRANCE: Societe Generale is planning to reorganise its French head office to make its operations more efficient and simple. The bank is seeking feedback from its staff representatives on this project, which would help it achieve more savings. The reorganisation, which is expected to be completed by the second quarter of 2024, would lead…
SolarEdge Technologies, Inc. (NASDAQ: SEDG), a global leader in smart energy technology, announced today a restructuring plan that will affect 16% of its workforce, or about 900 employees. The plan aims to reduce operating expenses and adapt to the current market dynamics. The company has already taken steps to adjust to the market conditions, such…
BT Group, Britain’s biggest broadband and mobile provider, has announced plans to axe 55,000 jobs by the end of the decade in order to become a leaner business. The announcement came after it met market expectations with a 5 per cent rise in full-year adjusted core earnings of £7.9billion, after growth in networks and consumer…