Category: Streamlining
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Hapoalim to shed 770 employees in streamlining plan
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Bank Hapoalim (level: Polly) The Board of Directors, based on the management’s recommendation, announced a simplified plan based on voluntary retirement between 2025 and 2028. The plan is based on the objectives of the bank’s strategic plan, with a focus on improving operational efficiency and enhancing operating models as part…
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Hapoalim to shed 770 employees in streamlining plan
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Bank Hapoalim (level: Polly) The Board of Directors, based on the management’s recommendation, announced a simplified plan based on voluntary retirement between 2025 and 2028. The plan is based on the objectives of the bank’s strategic plan, with a focus on improving operational efficiency and enhancing operating models as part…
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Benny Landa’s GenCell to implement streamlining plan
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Israeli clean tech company Gensel Energy (TASE: GNCL), whose largest shareholder is businessman Benny Lando, is implementing a simplification plan, “in order to improve its capital flow position and financial strength.” The company announced further reductions in its workforce, cuts in administrative and general expenses, cuts in research and development…