Openet Telecom is to lay off 18 staff

Dublin company Openet Telecom is to lay off 18 staff from its Dublin Offices as part of a restructuring move to cut costs.

Openet Telecom is to lay off 18 staff
Tue, 17 Dec, 2002 - 10:45

Dublin company Openet Telecom is to lay off 18 staff from its Dublin Offices as part of a restructuring move to cut costs.

Openet recorded losses of €12.5m on revenues of €5.4m for the year ended June 30.

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CourtsHeathrowPlace: DublinPlace: LondonPlace: ParisPlace: RomePlace: San FransciscoPlace: RestonOrganisation: Openet TelecomOrganisation: DublinOrganisation: OpenetOrganisation: Technology Marketing CorporationOrganisation: Orange
<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

Profits rise to €19.8m at Cork-headquartered PFH Technology

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