shakeup

Starbucks to outsource some tech work after corporate shake-up
Starbucks to outsource some tech work after corporate shake-up
February 26, 2025
The goal is to shift full-time workers to the company’s most important initiatives while leaning on service providers for “speed and agility”STARBUCKS will outsource some technology work following a...
Elon Musk’s DOGE Starts Firing Hundreds of Employees at FAA Weeks after Fatal DC Plane Crash in Major Aviation Shake-up
February 17, 2025
The Trump administration is firing hundreds of employees at the Federal Aviation Administration, cutting off a huge chunk of staff just weeks after personnel shortages were cited as a...
Manulife appoints new Singapore CEO amid leadership shake-up in Asia
Manulife appoints new Singapore CEO amid leadership shake-up in Asia
February 10, 2025
INSURER Manulife has appointed Benoit Meslet, the current chief executive officer of its Japan office, to head its Singapore division. Meslet will replace Khoo Kah Siang on Jun 1 –...
ECB could face biggest personnel shakeup since 2019 this year
ECB could face biggest personnel shakeup since 2019 this year
February 7, 2025
THE European Central Bank (ECB) is set to enter a new phase of unpredictability as the terms of seven of its 26 interest rate-setters end by December, marking its...
Stellantis managers to step down as part of shakeup
Stellantis managers to step down as part of shakeup
February 2, 2025
STELLANTIS is planning another shakeup of its management ranks as the automaker deepens its overhaul following the ouster of chief executive officer Carlos Tavares, according to sources familiar with...
In major Geely shake-up, EV brand Zeekr to take control of Lynk
In major Geely shake-up, EV brand Zeekr to take control of Lynk
November 14, 2024
CHINA’S Geely said on Thursday (Nov 14) its premium electric vehicle maker Zeekr plans to take control of Lynk, a sister brand – the first big restructuring move in...
Shakeup of Indian airlines boosts competition, business seats
Shakeup of Indian airlines boosts competition, business seats
November 11, 2024
INDIA’S airlines are set for a landmark week, with two milestones days apart, that will redefine the competitive landscape in one of the world’s fastest-growing aviation markets.Vistara operates its...
Stellantis’ top level shake-up fails to stem share slide
Stellantis’ top level shake-up fails to stem share slide
October 11, 2024
SHARES in French-Italian automaker Stellantis resumed their decline on Friday (Oct 11) after the carmaker said CEO Carlos Tavares would retire in 2026 and announced wide management changes which...
HSBC wealth CEO Matos steps down as bank unveils major executive shake-up
HSBC wealth CEO Matos steps down as bank unveils major executive shake-up
August 29, 2024
HSBC’S CEO of Wealth and Personal Banking, Nuno Matos, is resigning to pursue other opportunities, the Asia-focused bank said on Thursday (Aug 29) as it unveiled a significant shake-up...
Nestle chairman says no major restructuring planned after shake-up
Nestle chairman says no major restructuring planned after shake-up
August 23, 2024
NO major restructuring is planned at Nestle, following the Swiss foodmaker’s decision to replace chief executive officer Mark Schneider with company veteran Laurent Freixe, chairman Paul Bulcke was quoted...