Feeds

Net malaise blamed for iomart lay-offs

Up to 50 staff going

  • alert
  • submit to reddit

Boost IT visibility and business value

iomart, the Scottish broadband provider, is to make up to 50 people redundant, it announced today. The company says it has "launched a consultation process with staff to restructure the organisation".

iomart recently sold its Madasafish consumer ISP business, attacking the mad economics of some of its rivals. It decided to concentrated on providing broadband ADSL, as a reseller of BT services.

But today it says: "Like every other technology business iomart has been impacted by the general business malaise around the internet...The adoption of broadband ADSL services in the UK is also well behind the rest of the developed world and many companies are delaying spending on infrastructure and services."

CEO Angus MacSween said: "We need a slimmer, fitter organisation as we turn our focus to the business market place. Like every other management team
we must ensure we are correctly sized for the prevailing business activity. Many of our target audience are themselves too busy downsizing
to be doing 'business as usual'. iomart intends to come out of this stronger and more able to take advantage of opportunities as the fall out
in the sector continues." ®

The Essential Guide to IT Transformation

More from The Register

next story
Scotland's BIG question: Will independence cost me my broadband?
They can take our lives, but they'll never take our SPECTRUM
Bring back error correction, say Danish 'net boffins
We don't need no steenkin' TCP/IP retransmission and the congestion it causes
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
NBN Co adds apartments to FTTP rollout
Commercial trial locations to go live in September
Samsung Z Tizen OS mobe is post-phoned – this time for good?
Russian launch for Sammy's non-droid knocked back
Telstra to KILL 2G network by end of 2016
GSM now stands for Grave-Seeking-Mobile network
Seeking LTE expert to insert small cells into BT customers' places
Is this the first step to a FON-a-like 4G network?
What FTC lawsuit? T-Mobile US touts 10GB, $100 family-of-4 plan
Folks 'could use that money for more important things' says CEO Legere
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.