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Sat 04 Apr 2009Eircom tells unions of plan to cut 1,250 jobs in restructuring
EIRCOM HAS told its trade unions that it wants to cut 1,250 jobs from its 7,500-strong workforce over the next 18 months as part of a series of measures aimed at achieving savings of about €130 million a year in its cost base.
It is understood that Eircom has told the unions that it will implement compulsory redundancies if staff do not accept a voluntary severance package in sufficient numbers.
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