Damovo in restructure
UK staff reduced by 50 as new chief exec Michael Collins takes charge
Systems integrator Damovo will reduce its UK staff by 50 as new worldwide chief executive Michael Collins replaces former head Pearse Flynn.
Collins transferred from Xerium, a firm backed by Damovo investor and venture capitalist Apax Partners.
According to an Apax representative, the firm is reviewing Damovo's operation and developing a future strategy.
"Part of the changes will mean restructuring head office operations in Surrey and Scotland," she said. "Another change will see more independence given to individual country operations."
Maurice Lee, managing director of reseller Premises, which supplies and competes with Damovo, said: "This goes back to when Damovo was part of Ericsson Enterprises and the countries were run more independently. It should make it more competitive."
But Keith Humphreys, analyst at EuroLAN Research, said: "Damovo needs a framework to ensure different countries do not take on different products and have to support them all independently."