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An ecosystem leader knowledgeable about the contents of Hitachi’s winding up petition did not mince his view in the alleged conduct by Ivan and his leadership workforce.
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According to its winding up petition, Hitachi claimed it was alerted by Ivan in Sept 2023 that the business experienced endured a sharp drop in profits accompanied by a surprising revelation from Ivan at a meeting on 27 Oct 2023 that it would want to chop prices, including rapid retrenchments, with out which it might not be ready to meet up with its economic obligations by Nov/Dec and the retrenchments would have to have large compensation.
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