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Montse

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Telecoms firm to shed 3,000 jobs

 

C&W is set to slash its customer base

Telecoms group Cable & Wireless has said it expects to cut up to 3,000 jobs in the UK over the next five years.

The move is part of a restructuring plan unveiled by C&W as it refocuses its UK operations to concentrate on fewer but larger business customers.

 

The revamp aims to cut C&W's customer base from 30,000 to 3,000.

 

C&W currently employs more than 5,500 people in the UK. It has about 2,000 staff in Bracknell, and other sites in Leeds, Manchester, Reading and London.

 

The company said that it would be reducing its UK workforce to between 2,500 and 3,500 over the next four to five years, adding that 350 jobs would be cut during the current financial year.

 

'Better experience'

 

In January, C&W announced it was to split its operations into two subsidiaries - international and UK - and said at the time that the move would lead to job losses.

 

Unveiling the revamp plans on Tuesday, chairman John Pluthero said: "Customers are crying out for a better experience from their telecommunications supplier and we intend to give them just that."

 

C&W said that by concentrating on "fewer, larger customers and reducing complexity in its products, systems and processes, it can set new standards for customers' service experience while, at the same time, reducing costs".

 

Last year Cable & Wireless bought Energis, and the company said that the merging of that business with C&W UK would lead to annualised cost savings of more than £40m by the end of March.

 

beeb

 

:rant:

 

In the 10 years I've been with them literally thousands of jobs have been lost all due to management deciding to take the company in different directions - ho hum time to dust off the flak jacket again! :wacko:

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I confess I used to work for them and I still know some people who still do. I ordered 2 circuits from them last year and it took them 9 months to deliver them. NINE MONTHS!

 

All this talk of providing a Gucci service to their top tier customers is delusional beyond belief. They'll be defunct within three years. You heard it here first.

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I confess I used to work for them and I still know some people who still do. I ordered 2 circuits from them last year and it took them 9 months to deliver them. NINE MONTHS!

 

All this talk of providing a Gucci service to their top tier customers is delusional beyond belief. They'll be defunct within three years. You heard it here first.

 

Yeah me! Its a shame they are such an old company and have built the backbone of the worlds telecoms, sad to see it on the slide. :(

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It is sad. I had some cracking times there (about 5 years), and it was great in the days when it was giving BT a bloody nose (as Mercury), and lots of friends of mine were doing nice jobs flying around the Carribean on consultancy projects and the like (never managed to wangle any of those myself).

 

Then we all left/were given the push, and down it inexorably slid. Too many CEOs, too many fad management concepts, no direction. Sad indeed.

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My current company's now on the slide big time too (Interoute). They're relocating practically everyone who isn't nailed to the floor to Prague, and halving their salary. If you don't like it there's the door, and here's your new replacement, some Czech bloke out of school with no experience, low salary expectations and an inclination to be an experienced and qualified VoIP expert.

 

They're already losing business, but hey! Costs are down, and if the margin imrpoves enough a certain person in a plush office upstairs will stand to make a small fortune if (if!!) he sells the company and does a runner. He cares, he really does folks!!

 

So, sod them, I'm off to a new job in Weybridge next week. Haven't seen the spamming rights clause in my contract yet so may see you all regularly, may not (I can hear the sound of wailing spammers from here!!).

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Used to do some consultancy to them. Some extraordinarily bad decisions by senior management. And then they get to f*** off with massive payoffs.

 

If any of us were that crap at our jobs we'd be booted out in short order. And I should know.

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