Cablecom cuts 15 % of jobs
In addition to natural departures and early retirements, around 80 redundancies are planned by the end of 2005.
The Swiss cable network company
Cablecom plans to reduce its 1750 jobs by about 15 %.
Cablecom plans to, according to a statement,
these positions by the end of 2006 through natural attrition,
Reduce early retirements and layoffs. By the end of 2005
Around 80 notices of termination issued
become. Most of the business areas were affected by the
However, the upcoming job cuts will not be affected, writes
Cablecom. The Network units will be reorganized
Management and Technology, the support functions and the upper
Management. "We will, within the framework of our elaborated social plan.
Do our utmost to implement the job cuts in a socially responsible manner
and keep the number of layoffs to a minimum."
Rudolf Fischer, Managing Director of Cablecom, commented on the
Restructuring.
Cablecom plans to reduce its 1750 jobs by about 15 %.
Cablecom plans to, according to a statement,
these positions by the end of 2006 through natural attrition,
Reduce early retirements and layoffs. By the end of 2005
Around 80 notices of termination issued
become. Most of the business areas were affected by the
However, the upcoming job cuts will not be affected, writes
Cablecom. The Network units will be reorganized
Management and Technology, the support functions and the upper
Management. "We will, within the framework of our elaborated social plan.
Do our utmost to implement the job cuts in a socially responsible manner
and keep the number of layoffs to a minimum."
Rudolf Fischer, Managing Director of Cablecom, commented on the
Restructuring.
