Japanese digital transformation consulting and software company Monstarlab is winding up its UK subsidiary. Monstarlab listed on the Tokyo Stock Exchange in 2023, but announced in August 2024 that due to significant solvency issues with growing losses and negative net assets, it would start on headcount reduction and other cost cutting.
Monstarlab acquired Danish mobile app company Nodes in 2017, and through it their operations in the UK and elsewhere in Europe. Their UK operations in London and Newcastle have around 30 staff, far short of the 100 promised when the Newcastle office was opened in 2021.
For more content like this, subscribe to the free Rudlin Consulting Newsletter. 最新の在欧日系企業の状況については無料の月刊Rudlin Consulting ニューズレターにご登録ください。
Leave a Reply
You must be logged in to post a comment.