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Shiseido, the multinational personal care company, has recently revealed significant organizational and personnel changes which will come into effect at the start of the new year. Organizational Changes Shiseido plans to streamline its operations by…
Amazon is reportedly planning to eliminate around 30,000 jobs in its corporate division, a move that one analyst referred to as a ‘deep cleaning’ of the organization’s workforce. This reduction would affect about 10% of Amazon’s nearly 350,000 corporate…
New store openings are maintaining a modest 7-Eleven Malaysia sales growth rate – but improved margins are driving solid profit improvement. The listed convenience store operator released its third-quarter results on Friday, which showed third-quarter sales…
Esprit plans to axe 40 per cent of its non-store workforce as part of a radical restructure repositioning the brand for future growth. The embattled Hong Kong-listed fashion retailer is set to incur up to US$217 million in one-off charges as it shutters…
Food delivery startup Plum has laid off its entire staff, casting doubt on its continued operations in Singapore and its home market of Hong Kong. According to a report, Plum co-founder Desmond Clinton Cheung, who is also the company’s GM, said full-time…
