Retrenchment
Ricoh Malaysia on its ‘do or die’ transformation
Ricoh Malaysia managing director Peter Wee has reason to smile these days. His company is starting to retool itself into a total solutions provider, although the start of that journey wasn't easy at all. Goh Thean Eu reports.
Ensogo lays off staff across the region
Ensogo, formerly known as iBuy, has moved to downsize its operations across the region with significant numbers of staff being laid off in multiple markets.
iBuy under pressure, board orders US$216K monthly opex cut
Despite being ordered by the board to cut A$250,000 a month in opex and witnessing its share price take a dive over the last three months, the soon-to-be rebranded iBuy Group is in the best financial shape ever, claims its new CEO Krzysztof Marszalek.
Fujitsu remains bullish in tough economic times
Fujitsu Malaysia has set its sights on matching last year’s revenue growth while growing its operating profits for its latest fiscal year despite the potential global economic downturn and uncertainties over Malaysia’s looming general election.
