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Synergon board approves restructuring, cost-cutting plan

Hungarian IT company Synergon said its board approved a restructuring and cost-cutting program to be implemented starting in May.

The program affects the company's management structure and operation, and it eliminates parallel activities among subsidiaries. The program establishes and market- and sales-oriented, project-based organizational structure.

Synergon said Synergon Informatika CEO Róbert Litauszki is leaving his post effective April 30, 2011 and Synergon Rendszerintegrátor managing director Szabolcs Vida is leaving the group effective May 3, 2011. Vida will be replaced by Dávid Pap.