Edward Cachia Machia

Management consultancy firm Machia will be closing its doors for good at the end of this month, Founder Edward Cachia revealed earlier today.

Mr Cachia took to social media to offer some insight into his decision.

 “Current market conditions made it untenable to keep on operating as a firm,” he explained.

“As I always say, if an idea doesn’t work either change it or kill it and the changes that were on the table made me unhappy therefore it was time to bid farewell to Machia.”

Mr Cachia spoke of how companies come and go, and how when their time is up, there is nothing left to do except liquidate.

While admitting that these have been “a good five enjoyable years”, Mr Cachia confirmed that he will soon be announcing his “new position within the management consultancy industry.”

We would like to wish Mr Cachia the best of luck in his future ventures.

Featured Image:

Edward Cachia / LinkedIn

Related

Business leader / Unsplash

‘It is about doing it differently’: PwC leaders deliver messages for CEOs navigating business reinvention

27 February 2024
by Fabrizio Tabone

The need for customer-centric approaches fuelled by AI adoption were pinpointed as key factors in enabling businesses to succeed in ...

Stanley Mifsud appointed CEO at AppleCore Foods Ltd

27 February 2024
by Anthea Cachia

Former CEO Pierre Mattocks will remain as Chair of the Board of the company.

MAPFRE Middlesea plc appoints Eduardo Perez de Lema as new Non-Executive Director

26 February 2024
by Fabrizio Tabone

He replaces Jose Ramon Alegre, who resigned from the position at the start of 2024.

Mindfulness in the digital workplace shields employees from burnout, study finds

26 February 2024
by Fabrizio Tabone

The UK-based study highlights that businesses need to manage digital workplace hazards alongside other risks such as psychosocial and physical ...

Close Bitnami banner
Bitnami