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Eircom to axe 400 Jobs - Irish Job News - News on Jobs for Ireland


Eircom to axe 400 Jobs

30 May 2007 | Ireland | 2 Responses by paul savage.

News is emerging today that Eircom (www.eircom.ie), Ireland’s largest telecommunications provider, plan to axe 400 jobs from it’s 7,000 work force in it’s fixed line division. This all comes despite them making a increase of 16% last year’s revenues and a resulting 3% increase in operating profits up to €240 million. I guess this goes to show that even if your company is making money, they are still going to try and make more. Eircom are also planning to ask the regulator for permission to increase the fixed line rental. I don’t think either of these moves will help Eircom in the popularity ratings.

Eircom Logo

update: it’s looking more like 900 job redundancies are planned at Eircom. And it is planned that these will happen before 2010. With 400 of them happening before the end of this year. A letter from the company yesterday state “We as an organisation must continually adapt the way we do our business; greater productivity and lower costs are key elements of our changing business.

2 Responses

  1. Irish Job News - News on Jobs for Ireland » 02 outsource 450 Jobs said on 31 May 2007 at 10:10 am

    […] Recent Jobs News 02 outsource 450 Jobs Eircom to axe 400 Jobs 32 Jobs go in Westmeath 90 new tourism jobs planned in the West of Ireland 175 new SW jobs in […]

  2. Irish Job News - News on Jobs for Ireland » No strike for Eircom said on 20 Jul 2007 at 8:45 am

    […] Yesterday an imminent strike by Eircom (www.eircom.ie) was averted, and the company agreed to pay a wages increase of 2%. A high percentage of the 7,000 Eircom workers voted in favour of the strike, but the 4 unions managed to find a solution after 3 days of negotiations with top management. The exact details of the deal have not (yet) been published, but it is expected that new work practises and redundancies were some of the talking points. The agreement will also be backdated to May 1st 2007. This all kicked off in May when Eircom released positive figures, but still wanted to make 900 workers redundant. […]

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