UBS Puerto Rico is cutting 40 out of 100 positions as part of a restructuring announced earlier this year that could also entail closing at least two of its five local offices. The layoffs are effective immediately.
The Puerto Rico Electric Power Authority announced Thursday that, following a competitive selection process, the Board of Directors has appointed Lisa J. Donahue as chief restructuring officer.
Shakespeare was right about one who protests too much: When denials are emphatic, it’s probably wise to believe the opposite.