The start of the next round of layoffs ?
Private equity company 3i, which owns companies such as fashion chain Hobbs, has pledged to change its pay policies after shareholders staged a rebellion at the annual general meeting.
3i announces that Fredrik Karlsson and Mattias Eklund will become co-heads of 3i’s Nordic team from 1 July.
3i has announced that Samir Palod has been appointed Managing Director, India, with immediate effect.
Michael Queen is to step down as chief executive of 3i, the stock market-listed private equity group, amid pressure from shareholders who want the company to return more capital.
Here's five firms and some more job loss news.