Norkom laid off over half of staff in 2003

SOFTWARE company Norkom Technologies, that counts Fran Rooney, Gavin O’Reilly and Denis O’Brien among it directors, laid off just over half its staff in 2003, according to recently filed accounts.

The company, which at one stage employed over 200 people, cut its workforce from 123 to just 60. All but three of its 19 sales and marketing team were cut, while the research staff was halved.

The jobs cuts saw Norkom’s wages and salary bill fall from €7.5 million to €4.19 million in the year to March 31, 2003.