Internal restructuring
European Union
Location of affected unit(s)
France, Germany, UK.
Information / Communication
Information Communication Services
61 - Telecommunications

600 jobs
Number of planned job losses
Job loss
Announcement Date
10 November 2004
Employment effect (start)
Foreseen end date


Cable & Wireless is cutting 600 jobs and quitting its central London headquarters of 50 years as it carries out another restructuring of its core UK business in the face of fierce competition and flat revenues. It marks yet another restructuring for a business that has pulled out of the US and Japan and cut 1,500 jobs over the past year. Half the jobs will be lost in Britain, where the company is moving to Bracknell, Berkshire next February from the premises on London's Theobalds Road it opened in 1955. The rest of the job losses will fall in France and Germany as C&W cuts it staff in mainland Europe by more than half.


  • 11 November 2004: The Guardian
  • 10 November 2004: BBC News


Eurofound (2004), Cable and Wireless, Internal restructuring in European Union, factsheet number 60750, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60750.