IDA warns of more telecoms job cuts

THE IDA has warned of more cutbacks in the telecoms sector following the loss of more than 300 jobs at the mobile phone software company Logica-CMG in Dublin and Cork.

A total of 315 people are to be laid off after the British group announced the effects of a major rationalisation programme on its Irish operations yesterday.

News of the job losses was not unexpected after a €791m merger between Logica and its Anglo-Dutch rival CMG was completed just last month.