Management Shake-Up

Management Shake-Up

A situation where senior management is replaced or reassigned to different roles.
References in periodicals archive ?
Wal-Mart archrival Target might also see a management shake-up, but "for different reasons," Weinswig said.
The answer isn't privatisation or management shake-ups.
The appointment is the latest in a series of management shake-ups in the company which helped build Burj Khalifa -- the world's tallest tower and comes after an Abu Dhabi investor increased its stake in the company.
In a statement, the European Union's executive arm said Greek banks would face due-diligence audits and possible management shake-ups in return for their share of billions of euros from the region's taxpayers and the International Monetary Fund.
Last year Abu Dhabi launched a strategic review of government spending that saw major projects pushed back, funds frozen and numerous top-level management shake-ups.
However, despite repeated delays, management shake-ups, cement delivery dilemmas, site-worker unrest and the economic crisis the current management remains confident.
SAN FRANCISCO: With shrinking audiences, deep layoffs and two management shake-ups, MySpace, the one-time leader in Internet social networking, has had a rocky year.
But by the time the financial crisis hit in 2008, they were in a strong position, thanks to management shake-ups and an injection of capital from the Chinese government that helped them get rid of their nonperforming loans.
Indeed, history suggests that a deep banking crisis is not over until the sector has been subject to broad re- capitalization and management shake-ups.
It has suffered two senior management shake-ups and announced delivery delays to its A380 superjumbo that will cost it more than pounds 2bn in lost profits over the next four years.
Yet for all its financial might, HRC has in recent months faced management shake-ups and image problems that have rattled the organization to its core.
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