Feeds

Keane cuts jobs in Birmingham

But claims to be still in growth phase

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

Keane, the services and consultancy company, last week cut 21 jobs whilst remaining adamant of a growth strategy. The redundancies at the Birmingham-based company included 19 IT and two administrative staff. Announced last Thursday, Keane blamed the lay-offs on the fast moving nature of the industry. This leaves the company, which also has offices in London and Leeds, with around 340 staff. Keane said the long-term requirements of customers necessitated more project experience and skills. Georgina Fisk, Keane marketing manager, said the company was concentrating on application outsourcing and development, for example data warehousing. She denied the cuts were due to a disappointing 1998 at the company. "We are still planning on growing, and expansion is continuing. The entire organisation is continuously recruiting and we have an aggressive strategy for recruitment," stressed Fisk. She said the redundancies were across the company but was unable to give more detail on the actual areas affected. Keane is the UK subsidiary of US IT services giant Keane Inc. It swallowed Keane, then Icom Solutions, for £30.6 million in stock last August. See earlier story. Icom - formerly IMI Computing - became part of the Keane empire, with president John Keane Jr outlining a strategy to hit sales of $1 billion by 1999 through acquisition. The UK company's financial year ends on 31 March. It expects growth of around 80 per cent for sales and profit before tax on the previous year. 1997 showed turnover at £18.9 million and profit before tax at £1.9 million. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Bladerunner sequel might actually be good. Harrison Ford is in it
Go ahead, you're all clear, kid... Sorry, wrong film
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
Forget Hillary, HP's ex CARLY FIORINA 'wants to be next US Prez'
Former CEO has political ambitions again, according to Washington DC sources
prev story

Whitepapers

Seattle children’s accelerates Citrix login times by 500% with cross-tier insight
Seattle Children’s is a leading research hospital with a large and growing Citrix XenDesktop deployment. See how they used ExtraHop to accelerate launch times.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Website security in corporate America
Find out how you rank among other IT managers testing your website's vulnerabilities.