Cablecom: CEO leaves, massive job cuts announced
Major shake-up at Cablecom: The cable network operator aims to boost its efficiency and refocus on its core business areas in the future. The company is considering cutting up to 150 jobs. In addition, CEO Rudolf Fischer is stepping down.
Due to increasing competition, Cablecom wants to increase its corporate efficiency and refocus on its core areas in future. To this end, the organizational structure is to be streamlined and IT and back-office functions are to be merged within the Group, according to a press release issued on Monday. The customer service area will remain largely unaffected by the changes and will be sustainably improved.
In this context, the company is also considering job cuts in Switzerland with up to 150 redundancies. This corresponds to around ten percent, said Hans-Peter Nehmer, Head of Corporate Communications, when asked by Werbewoche. The job cuts would primarily affect the back office and IT departments. "Under no circumstances will customer service be affected," Nehmer emphasized several times.
Measures such as a recruitment freeze, natural fluctuation, alternative working time models or early retirement are also being examined, it is reported. The consultation process with employee representatives has been initiated in order to safeguard employees' statutory participation rights. A final decision on any compulsory redundancies will be made in January after the results of the consultation process have been evaluated.
The cable network operator also announced a change in management: Rudolf Fischer, who has held various management positions at Cablecom since 2001, has decided to step down as Managing Director. He will remain in his position until a successor has been appointed. Until then, Fischer will work closely with Gene Musselman, President and Chief Operating Officer UPC Broadband.
At the end of September, the company reported that it had over 1.5 million television customers, 477,00 Internet customers and 308,000 telephony customers. At the end of December 2007, Cablecom generated revenues of over CHF 1 billion.
The Communications Union has noted Cablecom's intentions with great consternation. According to SDA, it is demanding that the company does not make any redundancies but offers all those affected by the job cuts an internal solution.
In this context, the company is also considering job cuts in Switzerland with up to 150 redundancies. This corresponds to around ten percent, said Hans-Peter Nehmer, Head of Corporate Communications, when asked by Werbewoche. The job cuts would primarily affect the back office and IT departments. "Under no circumstances will customer service be affected," Nehmer emphasized several times.
Measures such as a recruitment freeze, natural fluctuation, alternative working time models or early retirement are also being examined, it is reported. The consultation process with employee representatives has been initiated in order to safeguard employees' statutory participation rights. A final decision on any compulsory redundancies will be made in January after the results of the consultation process have been evaluated.
The cable network operator also announced a change in management: Rudolf Fischer, who has held various management positions at Cablecom since 2001, has decided to step down as Managing Director. He will remain in his position until a successor has been appointed. Until then, Fischer will work closely with Gene Musselman, President and Chief Operating Officer UPC Broadband.
At the end of September, the company reported that it had over 1.5 million television customers, 477,00 Internet customers and 308,000 telephony customers. At the end of December 2007, Cablecom generated revenues of over CHF 1 billion.
The Communications Union has noted Cablecom's intentions with great consternation. According to SDA, it is demanding that the company does not make any redundancies but offers all those affected by the job cuts an internal solution.
(Pictures: Keystone)
