Menu
27/06/2002
WorldCom scandal leads to Irish job fears
The Irish operations of WorldCom could be under threat following the company's improper accounting which sent share prices around the world into freefall.
Around 180 Irish jobs are under threat at the company's bases in Dublin, Cork, Limerick and Galway.
This is just the latest blow to the company's workers in the Republic following the recent news that 10% of staff are to be laid off beginning Friday June 28.
This announcement is part of the company's overall strategy of cutting 17,000 jobs worldwide in a global cost-cutting exercise.
WorldCom, which has around 6,000 customers in the Republic, focuses on providing voice, data and internet services to their business customers throughout the country.
(MB)
Around 180 Irish jobs are under threat at the company's bases in Dublin, Cork, Limerick and Galway.
This is just the latest blow to the company's workers in the Republic following the recent news that 10% of staff are to be laid off beginning Friday June 28.
This announcement is part of the company's overall strategy of cutting 17,000 jobs worldwide in a global cost-cutting exercise.
WorldCom, which has around 6,000 customers in the Republic, focuses on providing voice, data and internet services to their business customers throughout the country.
(MB)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
28 June 2002
WorldCom staff wait for details of job cuts
Staff at the troubled US telecoms giant WorldCom are bracing themselves for details of the 17,000 job cuts announced earlier this week. The news follows Tuesday's revelation that the company was involved in a multi-billion dollar accounting scam. As a result WorldCom has been charged with fraud by the US financial services watchdog.
WorldCom staff wait for details of job cuts
Staff at the troubled US telecoms giant WorldCom are bracing themselves for details of the 17,000 job cuts announced earlier this week. The news follows Tuesday's revelation that the company was involved in a multi-billion dollar accounting scam. As a result WorldCom has been charged with fraud by the US financial services watchdog.
15 April 2013
NI Firms More Optimistic On Job Creation Over The Next Year
The Barclays Job Creation Survey 2013, which questioned over 700 UK businesses, has revealed that Northern Ireland business executives have a growing optimism around private sector job growth in 2013.
NI Firms More Optimistic On Job Creation Over The Next Year
The Barclays Job Creation Survey 2013, which questioned over 700 UK businesses, has revealed that Northern Ireland business executives have a growing optimism around private sector job growth in 2013.
08 November 2001
Rodgers expresses concern at job losses in Lurgan
SDLP MLA for Upper Bann and Minister for Agriculture Brid Rodgers has expressed concern at the announcement of job losses at carpet tile manufacturers Interface Europe based in Lurgan.
Rodgers expresses concern at job losses in Lurgan
SDLP MLA for Upper Bann and Minister for Agriculture Brid Rodgers has expressed concern at the announcement of job losses at carpet tile manufacturers Interface Europe based in Lurgan.
04 July 2002
US merger threatens Irish jobs
US computer manufacturer Hewlett-Packard has announced plans to cut almost 6,000 jobs throughout Europe as part of a restructuring plan which could put thousands of Irish jobs in peril. Hewlett Packard has said that the move forms part of its plan to reduce its worldwide workforce by 10% by the end of 2003.
US merger threatens Irish jobs
US computer manufacturer Hewlett-Packard has announced plans to cut almost 6,000 jobs throughout Europe as part of a restructuring plan which could put thousands of Irish jobs in peril. Hewlett Packard has said that the move forms part of its plan to reduce its worldwide workforce by 10% by the end of 2003.
17 December 2018
InterTradeIreland Announce Funding Advisory Workshops
InterTradeIreland have announced a series of free funding advisory workshops for small and medium-sized enterprises.
InterTradeIreland Announce Funding Advisory Workshops
InterTradeIreland have announced a series of free funding advisory workshops for small and medium-sized enterprises.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
