All Restructuring (reorg) articles – Page 6
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Strategy & ChangeVan Boxmeer gifted remit to disrupt Vodafone Board
Latest Board Evaluation calls for increased “liveliness” of conversations across the Group’s top table. Composition changes mooted for dozen-strong grouping brought together by former Chairman Gerard Kleisterlee. Start of TechCo strategy seen as moment to strengthen accountability of top duo Read and Della Valle.
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Strategy & ChangeMovistar reboots investment unit for expansion
Telefónica’s audio-visual management company Contenidos has been repurposed as Telefónica España Filiales. New unit takes on a broader remit in apparent bid to grow its portfolio, moving away from multimedia focus. Holdings mapped out, with some recent changes.
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Strategy & ChangeTelefónica brings insurance unit closer to home
Telefónica Seguros, the Group’s insurance subsidiary, moves from Luxembourg to Spain as its remit expands. Cybersecurity and digital insurance niche increasingly a focus.
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Strategy & ChangeTelefónica Peru set for further workforce cuts
Hispam unit’s headcount reduction plans emerge as part of restructuring process. Layoffs to be given go ahead by MTPE, according to Peruvian news outlets. Move follows stark FY20 results.
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Public AffairsBT re-enters union talks, with strike action looming large
BT gets “serious” in negotiations with CWU and is said to have halted redundancies — for now. Union looking to secure assurances on job security for “all” members. Proposed ballot to go ahead in early-June if talks come to nothing.
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Strategy & ChangeNew home for DT’s eastern European and Russian IT units
Internal IT functions brought within domain of Technology & Innovation Head Claudia Nemat. Potentially consolidation-focused move comes with Deutsche Telekom IT in midst of transformation and efficiency drive.
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Partnerships & AlliancesTelefónica on the front foot with R4E ‘re-skill’ programme
Group-backed EU initiative prepping member states for greater digital adoption and changing landscape of job market. R4E aims to re-skill one million people by 2024. Operator holds re-training interests of its own.
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Strategy & ChangeNetworks joins Digital division to replace BT Technology
BT Technology was shuttered and replaced by two new divisions: BT Digital and BT Networks. Harmeen Mehta and Howard Watson at the respective helms as BT seeks transformation and modernisation. Fotis Karonis replacement named at BT Enterprise.
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Strategy & ChangeDeutsche Telekom IT Solutions presses refresh
Deutsche Telekom’s Hungarian IT solutions unit placing increasing focus on growth areas such as artificial intelligence and cloud computing.
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PeopleTelekom Deutschland’s Gopalan reshuffles top team
Reorganisation targets greater synergies between Europe and Germany segments. Telekom Deutschland CEO Gopalan brings trusted lieutenant Almeida to Germany, to push key strategies. Abrahamson to lead newly-combined Product Management & Digitalisation unit. Hagspihl returns to Höttges’ side with Strategic Projects mandate.
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OperationsOTE hails completion of organisational revamp
Extraction of field and customer ops wrapped up as OTE seeks to bolster efficiency following challenging FY20. Early retirement programme continues to deliver savings.
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PremiumVodafone people moves: Italy’s commercial leadership confirmed
Veteran executive departures at the top of India’s Vi. Vodafone Hungary’s Enterprise Business Unit gets a new lead from Apple. Raimondi named Commercial Director in place of now-Chief Commercial Officer Duilio.
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Strategy & ChangeTelefónica closer to firming up commercial reset
New model seen as necessary for digital services era, encompassing changes around skills, incentives, and flexibility. ‘Commercial careers’ agreement has been a long time coming, but unions say more still needs to be done.
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Strategy & ChangeVodafone centralising national tech functions for Europe platform union
In-country tech leadership to be extracted and taken over by Group, as part of broader, homogenisation-focused regional reorg. Top Group execs in London hope move will address longstanding frustration with fragmentation and bring efficiencies and speed. Some in OpCos might continue to have other ideas…
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PeopleSerrahima on the up as Telefónica targets multi brand
As Telefónica aims to make customer experience a key differentiator in its domestic market, Pedro Serrahima, the executive behind O2’s Spanish launch takes charge of the drive. Marisa Urquía also promoted to oversee transformation projects as Executive Chairman Gayo slims down the executive committee.
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Strategy & ChangeBT slims down in Brussels: report
Reports emerge that BT Global Services Belgium is planning to cut its staff by 25%. Market changes and COVID-19 impact cited as key drivers. Asset-light strategy apparently reaching Belgian shores.
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Strategy & ChangeVodafone said to be considering Ghanaian switcheroo
Possible offload to Vodacom said to be under consideration. Deal would chime with Group leadership’s bid to consolidate Africa and Europe power bases while improving financial position. Political complications likely to be a factor.
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Strategy & ChangeEXCLUSIVE: Vodafone splits IT, networks to advance TechCo vision
New bifurcated tech network division of responsibilities. Group and OpCo trickle-down. Groundwork for delayed TechCo strategy and build-out. Promoted Scott Petty lays out vision of 5G-based telco resurgence, but warns Vodafone could become M&A prey if data monetisation puzzle remains unsolved. Further insight into Vodafone’s thinking behind 2025 tech ...
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PeopleVodafone UK’s Petty sets sights on Group CTO job
Exec lays out vision of 5G-based telco resurgence, but warns Vodafone could become M&A prey if data monetisation puzzle remains unsolved.
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PeopleEngin Aksoy takes Vodafone Turkey top spot
Former Turkey Consumer CEO replaces promoted Froment-Curtil. Vodafone Turkey has third CEO in less than a year.