Est. 2001·3,000+ placements · six offices · four regions
Restructuringcurated sourcedetected 2026-05-12 · confidence 80%

Last updated

Globant: Restructuring

Facing securities fraud lawsuit for period February 2024 to August 2025, indicating potential governance or operational issues

Source: PRN — Supply Chain & Logistics

The leadership read

Restructuring typically reshapes the sector leadership bench strength toward transformation and turnaround capability.

Market context: MitchelLake's Talent Market Index sits at 107 (Hot), down 1.8 on the prior month; EMEA hiring signal is running easing (-6.4pts).

Globant: 3 signals in the last 90 days; 0.1% of MitchelLake's Americas signal flow; 3 tracked across 46 days.

From the MitchelLake archive

Also at Globant

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Atos

Atos underwent 'Genesis' restructuring plan in 2024 with 19% global headcount reduction following share price collapse from €519 to €26 and €3.9bn debt crisis. Company now facing €180m shareholder litigation and regulatory investigation.

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DWS

DWS exploring rebrand to Deutsche Asset Management for improved market visibility

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Virgin Media

Ofcom fined Virgin Media £28 million for systemic and deliberate practices designed to obstruct customer contract cancellations between January 2022 and September 2024. Investigation revealed two-tier agent structure, call-dropping tactics, excessive transfers, and incentive-based commission schemes that encouraged retention through friction rather than service quality.

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Sky

Sky announced UK job cuts following its £1.6 billion acquisition of ITV, targeting £200m in cost savings

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