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MANTRA's leadership recently announced a major decision—initiating an organizational restructuring plan. According to CEO JP Mullin, the company will undergo a scale adjustment involving multiple departments such as business development, marketing, and human resources.
There is a deep market logic behind this move. After experiencing a series of unexpected events last year, MANTRA found itself facing multiple pressures: a persistently sluggish market, increasing competitors, and rapid changes in industry dynamics. In this challenging environment, the company's original cost structure became unsustainable, and profit margins were severely squeezed.
The management's idea is straightforward—by streamlining the organization to improve capital efficiency and focusing more resources on core businesses. In other words, this is a "slimming down" effort aimed at surviving more lightly amid market fluctuations.