Thus to axe 280 jobs
Buys telcos, zaps staff
Some 280 jobs are to be axed following Thus' announcement that it plans to buy Your Communications (YC) and Legend Communications.
Yesterday, Thus' spinmeisters were unable to put a figure on job losses although they did admit that cuts were likely. Now, though, it's emerged that 15 per cent of the 1,850-strong workforce of the enlarged group looks set for the chop as Thus clambers aboard the consolidation bandwagon.
At the moment the firm can't say whether the cuts will be made at Thus, YC or Legend, although it's likely all three firms will be hit.
In a memo issued to staff at Lancaster-based ISP Legend informing them of the deal, they were told that Thus' acquisition would provide "exciting opportunities for members of staff" and "brings an end to the uncertainty that has been hovering over us for the past few months".
El Reg is sure staff at Legend, YC and Thus share these sentiments and agree there is not a whiff of "uncertainty" around. ®