The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Media 60 - Programming, broadcasting, news agency and other content distribution activities 60 - Programming, broadcasting, news agency and other content distribution activities 60 - Programming, broadcasting, news agency and other content distribution activities
350 jobs Number of planned job losses
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://apps.eurofound.europa.eu/restructuring-events/detail/63725.