Eircom Going to Cut 2,000 Jobs in Ireland
The former state telecoms operator filed for protection from its creditors in March to restructure 3.75 billion euros (3 billion pounds) of debt and was taken over by its senior lenders after cutting its debt by 40 percent. Irish telco, Eircom has announced that it is slashing 2,000 of its 5,700 staff over the next … Read more