In a prepared statement, however, Tishman Speyer representatives noted that "these changes allow us to prepare for growth. We conducted a full evaluation of our company worldwide, to make our business more efficient.
"With the help of outside management consultants," the statement continued, "we have sought to increase profitability by enhancing our technology, removing unnecessary layers of bureaucracy and more efficiently using staff."
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
