Feeds

Business which offered £50k recruitment bounty lays off staff

Skills go out of fashion

  • alert
  • submit to reddit

Intelligent flash storage arrays

Ebusiness software developer Entranet has made 30 staff redundant.

The announcement is significant because only last summer the Henley-based company announced it was offering a £3,000 bounty to anyone who could help it recruit skilled staff. It also said it would give £50,000 to anyone who could get it an entire Java programming team.

Entranet has said it is still offering the £3,000 bounty and is still recruiting, but revealed it never needed to pay £50,000 for a Java squad. The company never managed to grab a full team and now feels it doesn't need to pay out that much money for Java skills.

The company now employs just over 200 people. In a statement it has said turnover for the first half of the current financial year - ending in March - was £8.7 million, compared to £8.3 million for the whole of the previous year. It specialises in developing ebusinesses for the financial services industry.

The company declined to say what skills the redundant people have, but it is looking for staff with interactive digital TV experience. "Just great technology people," said a spokesman. ®

Related Link

Apply for a career with Entranet here

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
Assange™ slumps back on Ecuador's sofa after detention appeal binned
Swedish court rules there's 'great risk' WikiLeaker will dodge prosecution
NSA mass spying reform KILLED by US Senators
Democrats needed just TWO more votes to keep alive bill reining in some surveillance
'Internet Freedom Panel' to keep web overlord ICANN out of Russian hands – new proposal
Come back with our internet! cries Republican drawing up bill
What a Mesa: Apple vows to re-use titsup GT sapphire glass plant
Commits to American manufacturing ... of secret tech
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
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.