EMCC European Monitoring Centre on Change

Cable & Wireless

Company/Organisation:
Cable & Wireless

Geographic Location

Country: United Kingdom
Location of affected unit(s): Bracknell, Berkshire; Leeds; Liverpool; Manchester; Reading.

Company

Sector: Information / communication
Telecommunications
61 - Telecommunications
Number Employed: 5500

Employment Effects

Announcement Date: 28-02-2006
Planned Job Reductions min: 3000
Planned Job Reductions max: 3000
Type of Restructuring: Internal restructuring

Additional Information

Telecommunications company Cable & Wireless announced plans to cut up to half its UK workforce on 28th February, shedding 3,000 jobs by the end of the decade as it tries to revive the fortunes of it's ailing UK business. The move is part of the strategy of the new head of the UK business, and the announcement has been met with anger by Unions at the company. The job losses are expected to particularly effect Cable & Wireless's headquarters in Bracknell, Berkshire, but it also has operations in Leeds, Liverpool, Manchester and Reading.