Beancounter taking the helm: expect a bloody end for many employees;
For the leaving CxO, how many € in the golden parachute?
French IT services provider Atos has confirmed the departure of its chief financial officer, just days after the CEO resigned in apparent disagreement with a company-wide restructure proposed by the board. Atos disclosed over the weekend that its current CFO Stéphane Lhopiteau will leave the group during the second half of …
"Atos and the UK government have settled out of court in a case involving an circa $1 billion (£854 million) supercomputer contract for the UK's Met Office. The case brought by Atos was over claims that the Met Office and the Department for Business, Energy and Industrial Strategy (BEIS) had breached procurement law and unfairly dismissed the Atos bid, awarding the contract instead to Microsoft"
So, Atos pulled a Bezos but actually won, and is getting paid for it.
Good for Atos.
Atos has been trying to kill off their operations division for ages, I guess this is the latest attempt to do so. I worked there for almost 15 years, the company was constantly in a state of reorganization, clearly nothing has changed. I pity the people that still work there.