Systems Integrator Damovo is to reduce its UK staff by 50 as new worldwide chief executive Michael Collins takes over as the replacement to recently departed Pearse Flynn.
Collins, who takes the reins on Monday, transfers from fellow Apax Partners company Xerium, which operates outside the IT industry, specialising in paper technology.
Apax is reviewing Damovo's operation and developing a plan, explained a company spokeswoman.
"Part of the changes will mean some restructuring in head office operations in Surrey and Scotland," she said.
"Another change will see more independence to individual country operations to give them more freedom to move forward in their own way. Apax wants to step back and allow Damovo to develop on its own.
"Michael Collins is a successful chief executive with multinational experience."
Apax said the company is performing well in a tough market. But the venture capitalist said that Damovo, like many of its companies, is for sale at the right price.
Maurice Lee, managing director at reseller Premises, which both competes with and, in some areas, supplies Damovo, said giving more freedom to individual countries would help the company in the future.
"This goes back to the days when Damovo was part of Ericsson when the countries were run more independently, and it should make it more competitive," he added.
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