Thursday, November 1, 2012

Eircom wields the axe: 2,000 jobs to go in next 18 months

Ireland’s former monopoly Eircom has revealed plans to shed 2,000 of its workforce over the next 18 months, double the number of redundancies it announced earlier this year. The telco, which entered examinership status in March this year seeking protection from its creditors as it planned the restructuring of its EUR3.75 billion (USD4.90 billion) of debt, originally envisaged cutting 1,000 jobs over five years


Link:
OVETEL Eircom wields the axe: 2,000 jobs to go in next 18 months

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