Feeds

Redundancy hits Elcom staff

Reseller warns UK IT sector not recession-proof

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Elcom Group has slashed around four per cent of UK jobs following the proposed merger of its two ecommerce subsidiaries. The US-owned reseller and ecommerce software house cut 24 jobs before today officially uniting subsidiaries elcom.com and Elcom Systems. The company said the redundancies were designed to put Elcom on a stronger footing, but that the merger was not the only reason behind the job cuts. Elcom, based in Slough, claimed there were no further plans for job cuts but warned that the UK IT industry would not escape from the overall slowing down of the economy. According to Elcom chairman Jim Rousou, the cuts were a one-off action needed to trim costs. Rousou told The Register: "This is something that will happen to a lot of companies. It’s good management in the face of recession to make sure our cost base is in shape for 1999." He said the cuts were not solely connected to today’s merger which combined Elcom Systems, the company’s existing e-commerce subsidiary, with elcom.com, formed in December. Through today’s merger elcom.com will take on the infrastructure and technology development areas of Elcom Systems. The e-commerce automated procurement technology will also be owned by elcom.com. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.