Ireland Eircom Layoffs Job Cut: may fire 1200 employees in Ireland: Finance Trading Times

Ireland Eircom Layoffs Job Cut: may fire 1200 employees in Ireland

The news is not good for the employees of the Eircom Corporation, which is the leading Irish telecoms group.The organization may be going for job cuts. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest on to add to the list is the Eircom Organization, which may be going for layoffs. Eircom Logo
How many employees may be fired in the Eircom layoffs?
As per the reports, there can be around 1200 layoffs by Eircom.

What is the total no. of employees of Eircom?
The total no. of employees of Eircom is reported to be around 7500.

What will be the cost and savings by Eircom layoffs?
Plans are to cut costs by around €130m per annum.

When will the Eircom layoffs happen?
The layoffs are going to be done in phased manner till 2011.

Which locations and department of employees will be affected by the Eircom layoffs ?
It is reported that most of the job cuts will be in the customer service and sales employees. Though technical department will also be affected, but to a limited extent.

What is the primary reasons for Eircom layoffs?
Cost Reduction is the main reason of the layoffs.

Any other news about Eircom layoffs
As per Independent, The ccompany is also seeking voluntary pay cuts, ranging from 10pc for managers to five per cent for those in operative positions. Staff will not get performance related annual bonus payments over the next two years
Let's hope that alternative jobs are available to the affected employees of Eircom Layoffs Job Cut
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