More job cuts ‘inevitable’ at Eircom
Management is due to open talks with unions about how best to reduce its annual pay cost — through a variety of measures, including new exit programmes and the modernisation of work practices — but is hopeful of retaining its culture of voluntary redundancies. Over the last two years, Eircom has reduced its head count by 1,800, but it declined to say how many jobs it was looking to cut in the next round of losses.
“This is less to do with the number of jobs that could be reduced and more to do with meeting the €90m cost savings,” Eircom chief executive Paul Donovan said, adding that when revenues and customer numbers are falling, Eircom needs fewer people.
