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restructuring



E-mail Error Notifies Carat Staff of Impending Layoffs

Written on
September 4th 2008
Author
Kathleen

ADOTAS – Ah, the innocuous little send button. The twee bearer of bad news not meant for your eyes strikes again. A top HR exec, Rosy Zory, at Aegis Group’s media-buying division of Carat, accidentally sent an email to the entire company (meant for top managers only) detailing a restructuring [...] more...

Shake-Up At Ask: CEO Takes Off

Written on
January 10th 2008
Author
Editor

CEO of Ask.com Jim Lanzone has announced that he is leaving the company in a management shake-up at the company. Jim Safka, former CEO of Match.com, will take over the position according to The Wall Street Journal. Scott Garell, who is CEO of IAC Consumer Applications & Portals, will take on [...] more...

E*Trade Closes Institutional Trading Business

Written on
January 9th 2008
Author
Editor

It is being reported that E*Trade Financial Corp. is closing its institutional trading business as part of its plans for restructuring the company. This has currently resulted in the sale of its $3 billion asset-backed securities portfolio and the removal of its international institutional business, reports the Wall Street Journal. Included [...] more...

Ad Houses Will Need To Be More Nimble

Written on
January 2nd 2008
Author
Wall Street Journal

The Web’s emergence is forcing ad executives to succumb to marketers’ demands that agencies reinvent how ads are created, and forgo their TV-centric approach. Clients are even calling for changes in the way ad firms are structured. But until now, few advertisers have spent more than 5% to 10% of [...] more...

AOL To Cut One-Fifth Of Global Work Force

Written on
October 15th 2007
Author
Reuters Group

Time Warner Inc’s Internet unit AOL will eliminate 2,000 jobs as part of an ongoing restructuring to better focus on boosting online advertising, according to a memo obtained by Reuters on Monday. The cuts, which begin on Tuesday, amount to about one-fifth of AOL’s global work force and are spread across [...] more...


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SodaHead CEO: Building a Social, Online Democracy ADOTAS EXCLUSIVE — Jason Feffer is no stranger to the power of social networks. The man who was in [...] more...

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