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“If This can be verified to get correct, then I am truly astounded from the steps with the management team in dealing with their very own Board and shareholder. Hitachi is the only real shareholder of the organization they usually, along with the Board they appointed, have total authority and energy to obtain all and any company doc they drive.

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Hitachi found, for their shock, that from Sept to Nov, not less than a hundred and ten personnel experienced possibly resigned or been retrenched. The administrators were not educated of the significant circumstance.

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“Only then we will discover out the cause of the investigation. Anything at this point of time is very speculative until finally the investigation is complete.

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“The previous senior management departed the corporate immediately read the article with none form of handover from the management and the functions.

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An ecosystem chief aware of the contents of Hitachi’s winding up petition didn't mince his feeling on the alleged behaviour by Ivan and his leadership crew.