Up to 2,000 jobs are set to go at Eircom under a savage cost-cutting plan being drawn up by the company’s senior management.

A survival plan for Eircom is expected to be approved at creditors’ meetings today.

Mobile phone and broadband company Meteor recorded pre-tax losses last year of €146.6m after booking an impairment charge of €112m.

THE economic downturn and intense competition in the mobile phone market contributed to earnings declining at Meteor by 19% to €102 million last year.