CFOtech New Zealand - Technology news for CFOs & financial decision-makers

Restructure stories

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How manufacturers can use real-time data to shape better business strategies
Last month
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cx
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martech
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erp
Amidst surging inflation in Australia, manufacturers can use real-time data and ERP systems to shape fluid, effective business strategies.
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What are the key trends that will shape the channel in 2023?
Thu, 17th Nov 2022
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saas
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partner programmes
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restructure
Growing trends towards self-service and increasing demands for rapid delivery are causing many businesses to rethink the way they service their clients.
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Changing skill sets become major driver of business restructures
Tue, 20th Aug 2019
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digital transformation
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project management
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restructure
NZ and Aussie firms reshuffle for skills - Hays reveals restructuring drive for talent across sectors.
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CSG to exit enterprise segment of its business amid poor performance
Mon, 25th Jun 2018
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printing
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document management
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ecm
The company will re-align its business under three distinct segments and undergo significant restructuring operations.
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EXCLUSIVE: Changes at Ingram NZ as Connector Systems fully absorbed
Mon, 18th Jun 2018
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ingram micro
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restructure
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it distributors
Ingram Micro NZ restructures, dispels layoff rumours, says MD Gary Bigwood.
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Datacom Group undergoing major structural reshuffle
Wed, 30th May 2018
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digital transformation
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datacom
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strategy
Datacom Group is now aligned into four market-facing businesses, which focus on specific geographies or sectors, including AU, NZ and international.
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Redundancies ahead for HPE NZ employees amidst global restructuring
Mon, 5th Feb 2018
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hpe
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restructure
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redundancies
It has been rumoured that employees of HPE NZ could be facing redundancy due to the HPE Next initiative introduced by Meg Whitman last year.
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Vocus reshuffle leads to separation of enterprise and wholesale
Tue, 16th Jan 2018
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it infrastructure
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telecommunications
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restructure
The split will result in four reportable operating segments and has lead to some leadership changes in those areas.
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'The Court' gives green light to Avaya’s restructuring plan
Thu, 30th Nov 2017
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avaya
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telecommunications
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restructure
Avaya's recovery on track as court approves its financial restructuring plan.
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Isentia re-structures organisation, launches new brand and new data insight led services
Wed, 16th Aug 2017
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bi
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big data
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data analytics
Investments include the launch of ‘Stories’, an additional capability within its MediaPortal platform, which was recently upgraded.
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Former channel boss takes the reins as ShoreTel's new ANZ head
Tue, 11th Apr 2017
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cloud services
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shoretel
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nz
Former ShoreTel channel boss Ben Swanson is taking over the reins as ANZ regional director, replacing Jamie Romanin.
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Software vendors must offer change management, survey finds
Fri, 31st Mar 2017
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digital transformation
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software
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cios
IT leaders demand better change management support from software vendors, as 75% influence contract decisions, survey by Nitro reveals.
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Avaya bankruptcy filing: What does it mean for ANZ?
Fri, 20th Jan 2017
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avaya
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business
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software
While news on the future of Avaya has triggered speculation on the direction of the company, Avaya Australia & NZ assures it is business as usual.
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Up to 4,000 jobs to be cut in HP's global restructure
Mon, 17th Oct 2016
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gartner
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hp
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restructure
HP to cut up to 4,000 jobs amid $300m savings drive and global PC market slump.
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Cisco to axe 5,500 employees by next year
Thu, 18th Aug 2016
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network infrastructure
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network management
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sdn
Cisco to cut up to 5,500 positions as part of effort to focus on software-defined networking products and services.
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Intel slashes 12,000 jobs, focuses business on data center and IoT
Thu, 21st Apr 2016
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smartphones
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iot
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technology gifts
Intel is slashing 12,000 positions globally as it refocuses its business around data center and internet of things and away from PCs.
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Dick Smith support staff cut; employees owed $2m in annual leave error
Thu, 4th Feb 2016
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business
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dick smith
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jobs
The axe has fallen on Dick Smith support office jobs, while Australian staff may be owed up to $2 million in annual leave.
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EXCLUSIVE: JB Hi-Fi Kiwi manager gone, no replacement planned
Fri, 10th Jul 2015
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jb hi-fi
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dick smith
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nz
JB Hi-Fi's NZ general manager has exited the company, but the retailer has reconfirmed its commitment to the market with $15+ million in investment.
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Rakon back to profit
Thu, 21st May 2015
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rakon
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shares
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nz
Rakon swings to £3.2m profit, despite higher debt, shifting production out of the UK to boost margins.
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Dick Smith ‘transformation’ continues with restructure
Fri, 20th Mar 2015
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dick smith
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sales
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nz
Dick Smith takes the axe to 80 roles in a bid to slash costs for a 'sustainable future'. Restructuring set for June completion.
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ASX-listed Inventis sells unprofitable kiwi furniture unit to Hamilton-based firm
Tue, 17th Feb 2015
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sales
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asx
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nz
Inventis, the unprofitable furniture and technology company, has sold its New Zealand unit to a Hamilton-based building firm for an undisclosed sum.
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Fletcher appoints Spaniard Irazusta to lead light building products unit
Fri, 5th Dec 2014
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sealord
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shares
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fletcher building
Fletcher Building, the country's biggest listed company, has appointed a former senior executive at CRH, a Dublin-based building materials group,,t.
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Rakon narrows first-half loss, affirms annual earnings guidance
Thu, 13th Nov 2014
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restructure
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financial results
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guidance
Rakon, which makes crystal oscillators used in navigation devices, narrowed its first-half loss and affirmed its guidance for annual underlying ear.
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NZF in due diligence for reverse listing
Fri, 7th Nov 2014
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shares
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restructure
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liquidation
NZF Group, the listed financial services shell company blocked from liquidating by its major noteholder this year, is in due diligence for a possib.