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13/11/2008
Irish Jobs Safe From BT Job Cuts
BT have announced Ireland will largely escape its plans to cut 10,000 jobs in the UK as part of a cost-cutting programme.
Making the announcement last night, BT said the cuts will mainly affect agency and contract staff, including offshore workers, the company said.
However, BT Ireland has reported a 5% growth with a 13.5% rise in profits in its first half revenues this year securing a number of lucrative contracts over the period including Bristol Myers Squibb, EMC, Hays Recruitment, Kilsaran Concrete, Prometric, and Thomas Crosbie Holdings.
BT has a global workforce of around 160,000 direct and indirect staff. The company said it was halfway through its job cutting process and had cut 4,000 jobs to date. It aims to achieve remaining cuts through natural turnover and said that the direct jobs were mostly coming from Britain.
BT Ireland currently employs around 3,000 people.
See: BT Announce 10,000 Job Cuts
(DW)
Making the announcement last night, BT said the cuts will mainly affect agency and contract staff, including offshore workers, the company said.
However, BT Ireland has reported a 5% growth with a 13.5% rise in profits in its first half revenues this year securing a number of lucrative contracts over the period including Bristol Myers Squibb, EMC, Hays Recruitment, Kilsaran Concrete, Prometric, and Thomas Crosbie Holdings.
BT has a global workforce of around 160,000 direct and indirect staff. The company said it was halfway through its job cutting process and had cut 4,000 jobs to date. It aims to achieve remaining cuts through natural turnover and said that the direct jobs were mostly coming from Britain.
BT Ireland currently employs around 3,000 people.
See: BT Announce 10,000 Job Cuts
(DW)
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