Feeds

C&W to axe half of UK jobs

'Crappy' news from a 'crappy industry'

High performance access to file storage

Cable and Wireless (C&W) is axing half its UK workforce and ditching thousands of customers as part of its restructuring plans.

C&W currently employs 5,500 people in the UK (including Energis, the telco it bought last year) but this number is to fall by between 2,500 and 3,500 over the next four or five years, the firm announced today.

Some 350 jobs are expected to go this year alone.

At the same time, C&W is planning to shed thousands of customers "as part of the reshaping of its UK business". As it stands, the telco has about 30,000 customers, but wants to cut this to around 3,000 large corporate punters and public institutions.

Under the leadership of former Freeserve and Energis boss John Pluthero, the firm has "the ambition to serve the UK's largest users of telecoms services with high quality managed IP services supported by a great service experience".

Publishing that plan today the telco said, if successful, it expects to generate £2bn revenue and double-digit earnings of around £400 million.

"Today, we are sharing our plans for the UK and our approach to execution," Pluthero said. "Customers are crying out for a better experience from their telecommunications supplier and we intend to give them just that."

News that half of C&W's UK jobs are to be axed follows the publication of a leaked memo at the weekend which told workers to prepare themselves for a "year of hell".

The document from Pluthero warned that the business was in "bad shape" and went on to say: "Congratulations, we work for an underperforming business in a crappy industry and it's going to be hell for the next 12 months."

Employees too timid to embrace the changes have been told to "step off the bus", while go-getters are preparing to take on the "steepest learning curves of their lives".

C&W, which also owns broadband ISP Bulldog, is to publish its plans for the business later today. ®

High performance access to file storage

More from The Register

next story
Broadband Secretary of SHEEP sensationally quits Cabinet
Maria Miller finally resigns over expenses row
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
Skype pimps pro-level broadcast service
Playing Cat and Mouse with the media
Beat it, freetards! Dyn to shut down no-cost dynamic DNS next month
... but don't worry, charter members, you're still in 'for life'
Like Google, Comcast might roll its own mobile voice network
Says anything's possible if regulators approve merger with Time Warner
EE dismisses DATA-BURNING glitch with Orange Mail app
Bug quietly slurps PAYG credit - yet EE denies it exists
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
Facebook splats in-app chat, whacks brats into crack yakety-yak app
Jibber-jabbering addicts turfed out just as Zuck warned
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.