Internal restructuring
Location of affected unit(s)
Malta and Gozo
Information / Communication
Information Communication Services
61 - Telecommunications

350 - 602 jobs
Number of planned job losses
Job loss
Announcement Date
26 March 2009
Employment effect (start)
26 March 2009
Foreseen end date
21 December 2009


Go, a company operating in the Post and Telecommunications sector plans to cut between 350 and 602 jobs in Malta by 31 December 2009 through voluntary retirement and other measures. The CEO urged employees to take up the voluntary retuirement scheme that ends in May. He implied that that if the voluntary retirement schemes do not work, the decrease in headcount will be met via other measures, because the Board of Directors had established that the target headcount should be in the region of 1,000 employees in the short term. The former state-owned company was privatised in 2006 and was precluded from shedding and jobs for three years as part of the sale agreement. The company has been particularly hit by competition in the telecommunications sector. Three years ago, it had the monopoly on fixed line telephone.



Eurofound (2009), Go, Internal restructuring in Malta, factsheet number 68797, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68797.