restructuring
KONE To Initiate Review of Its Door Business
Finnish OEM KONE announced on September 10 it will initiate a review of its door business, including a potential sale. Aimed at achieving the best business environment for growing the...
Japan Elevator Service Announces Absorption-type Merger, Branch Restructuring
Japan Elevator Service Holdings Co., Ltd. (JES), a Tokyo-headquartered provider of maintenance and repair for elevators and escalators, announced an absorption-type merger between two of its subsidiaries and a restructuring...
KONE to Cut Up To 1,000 Jobs Globally
As part of an organizational restructuring announced on January 26 with its latest earnings, KONE said it will cut up to 1,000 jobs globally — 150 in its native Finland,...
