Daily Management Review
Management

Mitsubishi dismisses Carlos Ghosn

The board of directors of the Japanese automaker Mitsubishi Motors Corp dismissed Carlos Ghosn from the post of chairman after his arrest and accusations of financial irregularities, according to Reuters. Osamu Masuko, CEO of the company, will become interim chairman of the board of directors....

Nissan Head of board of directors is arrested

Carlos Ghosn, Head of the board of directors of the car manufacturing concern Nissan, voluntarily went to the Tokyo prosecutor's office on Monday and was arrested, according to NHK television channel. Nissan Motor Co. confirmed in a press release that Ghosn has been underestimating personal income...

Gilles Bonnenfant, re-appointed CEO of Eurogroup Consulting, sets ambitions for a global leader in transformation projects

The consulting firm, which has become a key player in major transformation projects, is pursuing its international development by deploying a societal approach to organizational change. Gilles Bonnenfant, who has been re-elected for a third term as head of Eurogroup Consulting, explains how the...

Goldman Sachs Rolls Out Digital ‘Saving Platform’ For Its Staff in Britain

As a prelude to public introduction, Goldman Sachs’ internal memo informs its staff about its digital saving accounts facilities. Marcus is the “digital consumer savings platform” of Goldman Sachs which the company has opened in Britain for its “own staff”. This launch comes before the company is...

Elon Musk complains about health problems

The founder of SpaceX and Tesla Elon Musk told The New York Times that he is forced to spend 120 hours a week at work. Because of this, Musk began to have problems with sleep and excessive fatigue. People close are concerned about his health condition. According to Musk, the past year has become...

Symantec to lay off 8% of staff

The manufacturer of antivirus software Symantec will lay off 8% of employees in order to improve profitability of the business. Symantec lowered its annual revenue forecast, as the antivirus company had much less deals than expected. In addition, to increase profitability, the developer intends to...

BMW Spends ‘1 Billion Euros’ To Build EV Factory In Hungary

After Audi, BMW now announces the plan of building factory for electric car production which will also serve dual purpose. According to the information provided by BMW, the company is ready to invest around “1 billion euros”, which equals to “$1.17 billion”, to build a new factory for cars that...

Audi To Start Serial Electric Engine Production In Hungary

Audi will manufacture engines for its entire range of “e-tron models” in its Hungary based unit. Audi’s Hungarian plant will be getting into the “serial production” of electric engines, revealed the luxury car manufacturer vide a statement on Tuesday, July 24, 2018.   According to the...

New Zealand company successfully finishes a four-day working week experiment

During March and April 2018, 240 employees of the New Zealand financial company Perpetual Guardian, managing legacies and trust funds, have been involved in an experiment. They were working four days a week and were very pleased with the results. The number of employees who consider that it is...

Jeff Bezos: When will the richest person on Earth get problems in his company under control?

The head of Amazon Jeff Bezos once again became the richest man that ever walked on the earth. But even a fortune of $ 151 billion does not guarantee that all the problems that have accumulated in numerous billionaire companies will disappear. Amazon.com is the largest company in the field of...
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