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But the market isn’t collapsing, it’s becoming more deliberate.
Part of the process to dismantle a holding company.
Charging by results, not by the hour.
Cindy Rose: “We will no longer be a shopping basket full of stand-alone businesses."
The reasons behind the departure?
John Kelly will assume the role of interim CEO, running both TV and audio.
$1 billion related to labour.
December quarter results.
Some room to improve.
Returning to profit on an underlying operating profit basis.
Getting closer to clients.
The incoming CEO wants a flat structure.
And dangerous lawyers.
At a faster rate than the giant online retailer’s main business.
Surges ahead of average growth.