2019–2020
SKIDATA: delays to US projects and restructuring affecting approximately 10% of positions
In late 2019, Kudelski announced that SKIDATA would record revenues $15 million to $20 million below forecasts because of delays to US projects and would launch restructuring affecting approximately 10% of positions, with one-off costs of $20 million to $25 million.
- State of the evidence
- Performance warning and restructuring programme officially announced
- Legal status — source text
- No personal criminal proceedings
- Attribution
- Group-level governance responsibility; operational difficulties at the subsidiary
Sources · 1
- [1]
Last verified: 1 September 2026
