Aaj English TV

Friday, November 22, 2024  
19 Jumada Al-Awwal 1446  

Afiniti announces major restructuring to enhance financial stability

Management emphasizes upon ensuring the long-term sustainability and growth of the company
Photo via Reuters
Photo via Reuters

Afiniti, the artificial intelligence firm, has revealed plans for a comprehensive restructuring aimed at improving its financial position.

This decision comes in response to ongoing challenges that the company has faced in recent times.

Details of the restructuring include a thorough review of operations and potential adjustments to its workforce to streamline processes and reduce costs.

The management emphasized that these changes are essential for ensuring the long-term sustainability and growth of the company.

The restructuring effort aims to refocus resources and enhance efficiency, allowing Afiniti to better navigate the competitive landscape of AI technology.

Read more

Former employee testifies Afiniti founder Zia Chishti sexually assaulted her

Afiniti announces Zia Chishti has stepped down as chairman, CEO

TRG Pakistan appoints Hasnain Aslam as CEO, director

The company is committed to maintaining its innovative edge while stabilizing its financial health in the current market environment.

For the latest news, follow us on Twitter @Aaj_Urdu. We are also on Facebook, Instagram and YouTube.

Finance

Artificial Intelligence

Afiniti