“We’ve had to right-size the business” – Simon Hobbs on a challenging first 10 months as Kinaxia chief executive


 

When Simon Hobbs says his induction as new Kinaxia boss wasn’t what he expected it sounds like the understatement of the year. Within weeks of taking the reins back in late January, the Covid crisis saw volumes across the group slump by 35% and cash quickly begin to drain. In what he’s since admitted became a “baptism of fire”, Hobbs was forced to reduce his staff by 33%, put another 584 people on furlough and park up 277 vehicles – […]