Type
Internal restructuring
Country
Ireland
Region
Location of affected unit(s)
Sector
Information / Communication
Information Communication Services
Telecommunications
61 - Telecommunications

2,000 jobs
Number of planned job losses
Job loss
Announcement Date
1 November 2012
Employment effect (start)
1 November 2012
Foreseen end date
30 June 2014

Description

Former state-owned Irish telecommunications company Eircom plans to implement 2,000 redundancies following its emergence from examinership. Eircom said it is reducing its workforce of 5,700 to 3,700 as part of broader restructuring programme to achieve cost-cutting measures and deliver what it terms greater operational efficiencies.


Sources

  • 1 November 2012: RTE news

Citation

Eurofound (2012), Eircom, Internal restructuring in Ireland, factsheet number 74458, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74458.