Intel CEO Gelsinger leaves as chipmaker’s turnaround flounders
INTEL chief executive officer Pat Gelsinger, who was hired in 2021 to lead an ambitious turnaround of the iconic chipmaker, ...
Tag: Turnaround
Loss-making Burberry puts focus back on outerwear in turnaround plan
BURBERRY will put the focus back on its core trench coats and scarves, be less ambitious with prices for bags ...
Indonesia weighs switching Garuda CEO as part of turnaround plan
INDONESIA is considering switching the chief executive officer at the Garuda Indonesia airline, part of the new government’s push to ...
Intel surges after results spark optimism over turnaround
INTEL gave a fourth-quarter revenue forecast slightly above estimates, sparking optimism that it’s capable of reclaiming some lost market share. Fourth-quarter ...
Boeing CEO presses turnaround as loss balloons to US$6 billion
BOEING CEO Kelly Ortberg laid out a turnaround plan on Wednesday (Oct 23), calling for a “fundamental culture change” at ...
Beng Kuang Marine strips non-core business units, pivots to asset-light model to chart turnaround
It has shuttered its ship chartering, hardware distribution and bottled water supply businessesWHEN a live cattle carrier owned by Beng ...
Flash Coffee taps ex-Foodpanda CEO in turnaround bid
AFTER a rough couple of years, tech-enabled coffee chain Flash Coffee has hired former Foodpanda CEO Jakob Angele as its ...
Flash Coffee taps ex-Foodpanda CEO in turnaround bid
AFTER a rough couple of years, tech-enabled coffee chain Flash Coffee has hired former Foodpanda CEO Jakob Angele as its ...
Eyeing a turnaround, Kelly Ortberg takes helm as Boeing CEO
BOEING’S new CEO Kelly Ortberg began work on Thursday (Aug 8) at the embattled aviation giant, vowing closer attention to ...
Intel shares set for record 28% slump as turnaround struggle deepens
INTEL shares sank nearly 28 per cent on Friday and were set for their worst day ever after the company ...
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