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Situation
A global technology group was facing one of the world's largest restructurings: The company was active in over 100 countries, employed 90,000 internal and external staff, generated 14 billion euros in sales and had accumulated losses of over 6 billion euros in six consecutive years.
In order to return to profitability, a restructuring program was set up together with the customer with the aim of saving EUR 1 billion and reducing the number of employees worldwide within a year. At the same time, it was decided to focus on one of two technology areas and to discontinue the second area.
