Lesar's recovery plan calls for chopping costs, selling noncore assets, and moving away from fixed-cost contracts, which contributed to this year's losses. |
Green is selling-off noncore assets to pay down loans following a management buyout last year. |
In recent weeks, long-stalled restructuring schemes have been revived to merge redundant companies inside Temasek as well as spin off noncore assets. |
They have been rapidly cutting debt, selling off noncore businesses, and repositioning themselves to grow rapidly. |
They're spinning off noncore operations to focus on their specialties. |
He has cut about 80 staff and chopped five noncore products. |