Type
Internal restructuring
Country
Ireland
Region
Location of affected unit(s)
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Programming And Broadcasting Activities
60 - Programming and broadcasting activities

350 jobs
Number of planned job losses
Job loss
Announcement Date
3 July 2006
Employment effect (start)
30 September 2006
Foreseen end date
31 March 2007

Description

Cable groups NTL Ireland and Chorus - now owned by American multinational UPC/Liberty Global - have announced plans to shed up to 350 jobs and may shut an NTL call centre in Waterford as they strive to compete better with rivals such as Sky. Management of UPC Ireland, the new parent company of both NTL and Chorus, have told staff that redundancies will take effect between September 2006 and March 2007. UPC Ireland was formed when Liberty Global acquired NTL Ireland in 2005 for €325 million and combined it with its existing Irish cable operation, Chorus.


Sources

  • 20 June 2004: The Irish Independent
  • 20 June 2004: The Irish Times

Citation

Eurofound (2006), UPC Ireland, Internal restructuring in Ireland, factsheet number 63725, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63725.