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back to article Phoenix IT Group CEO hatches three year turnaround plan

The latest CEO tasked with taking "overly complicated" profit bleeding Phoenix IT Group out of intensive care says a return to rude health will take multiple years but should not involve major amputations. Industry vet Steve Vaughan came on board in the spring, filling the top job that lay vacant for 17 months, and embarked on …

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  1. Anonymous Coward
    Anonymous Coward

    Hmm - looks like this phoenix could rise from the ashes.

    Of course once risen it could quite easily be mistaken for grouse and shot.

    We shouldn't do down this UK 3rd party vendor just yet.

    ANON - because I have shares in the company ;-)

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    1. Anonymous Coward
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      Anonymous Coward

      "ANON - because I have shares in the company ;-)"

      You mad fool! One thing I've noticed over the years is that any business name that involves the word "phoenix" is destined to involve a lot of burning. I'm not sure which is cause and which is effect, but the relationship is rock solid.

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      1. Anonymous Coward
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        Anonymous Coward

        I didn't say it was a lot of shares.

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