The best Side of fusionex
The best Side of fusionex
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In a very composed response handed to Ivan about the working day from the Conference, Hitachi expressed grave concern around the lack of communications and transparency by Ivan and his Management group in excess of the actual mother nature from the economic scenario of Fusionex.
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Yet again, Hitachi’s legal workforce ended up refused a copy from the ‘Govt Directive’ and only permitted to look at it visually without having getting any notes.
It really is believed that other ex-Fusionex executives have also been reaching out to key govt and private sector purchasers as well, assuring them of guidance even though It's not at all apparent through which corporation.
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Hitachi court docket petition to end up Fusionex, expose grim photograph of alleged unethical and see this website irresponsible perform by Ivan Teh and his senior leadership
Moreover, all information and facts regarding the continuity in the Fusionex functions and company wasn't shared right before or handed in excess of throughout their departure,” said the files.
“Effectively the corporation is winding down. There a lot of people who find themselves apprehensive While using the uncertainty. Supplied their abilities as well as their profile, most might have no concern getting a work quickly, that’s my guess,” stated the worker.
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A few days later on the inhouse lawful counsel for Fusionex confirmed Hitachi’s legal professionals a copy of Yet another ‘govt directive’ dated 27 Nov which presupposed to prohibit Fusionex from sharing any details with the audit committee.
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