A visit to the 114-person West Auckland startup, where Chinese giant Tencent a majority investment this week — but the founders are still running the show, with expansion plans.
$90m labour-cost reduction estimate hints at a sharp head-count reduction.
"Cynics often criticise 'agile' as a fanciful management exercise. In my experience, agile provides talented executives with real accountability. Non-performers find 'other opportunities', real contributors thrive"
Woods confirms $657.2m scheme is on the way out, and how it will wind down. Questions remain about its replacement.
"Common sense now prevails. Steven Joyce wasted hundreds of millions of dollars on a totally flawed model"