Category: Management Restructuring

TCS focuses on long-term strategy, restructures its business units.

Tata Consultancy Services Limited (TCS), the Indian multinational information technology service, consulting company has decided to restructure its industry solutions units (ISUs), giving almost 200 employees control of them and quarterly target goals as it looks to free up senior executives to focus on long-term strategy. Earlier in 2008, TCS broke up its business into smaller…

Amway appoints Milind Pant as its first global CEO.

Milind Pant Amway, the American company specializing in the use of multi-level marketing to sell health, beauty, and home care products has announced Milind Pant as its Chief Executive Officer. Milind comes to Amway from Yum! Brands where he was recently appointed as President of Pizza Hut International, leading the international division through growth across Asia,…

Ford Motor Co. plans on reducing its workforce globally.

Jim Hackett, CEO, Ford Motor Co. Ford Motor Company, the second-largest American multinational automaker headquartered in Dearborn, Michigan has announced on Friday to its 70,000 salaried employees that they will face unspecified job cuts globally as part of the automaker’s $11 billion restructuring. On July 25, Ford’s Chief Executive Officer Jim Hackett announced that the company…

Management restructuring at Viacom18 as it gears up for growth.

Viacom18, has announced a management restructuring. The restructuring is aimed at consolidating its growing portfolio towards enabling better business performance through focused content innovation and collaboration across brands. Manisha Sharma, has been elevated to Chief Content Officer, Hindi Mass Entertainment. In her new role, she will be heading content for the entire HME cluster including COLORS…