Feeds

Level 3 starts round 2 of layoffs: 60 UK workers to lose jobs

Internet backbone provider plans to axe 700 workers worldwide

Internet Security Threat Report 2014

Major internet network operator Level 3 Communications will be axing 60 people in the UK – amounting to five per cent of its British workforce. Altogether, 700 L3 workers are being axed worldwide.

Sources told The Register that the company had failed to hit its targets in Europe and the UK and that customer satisfaction with Level 3 was at an all-time low.

In a message to employees seen by The Register, EMEA regional president James Heard blamed poor revenue growth in the region for the layoffs, which will take place by the end of this month. He said that the company expected to let 60 people go in the UK and another 20 from its European operations.

"While we continue to prioritise non-headcount reduction actions, they are not sufficient to align our overall cost structure with the slower-than-expected revenue growth that we have been experiencing," he said.

The European redundancies come after the international firm warned that it would be letting 700 of its 10,600-strong workforce go across North and Latin America and Europe. Jeff Storey, chief exec of Level 3, said in a statement that the company needed to streamline its business to improve profit growth.

"Decisions that affect people are extremely difficult," he said. "In many ways, our people are our business, but we are making these hard decisions today to improve our competitive position and success going forward."

This is Level 3's second round of staffing cuts since its 2011 acquisition of rival Global Crossing. The combined companies last year employed nearly 11,000 people.

Level 3 has not recorded any profits since at least 2008. ®

Beginner's guide to SSL certificates

More from The Register

next story
Of COURSE Stephen Elop's to blame for Nokia woes, says author
'Google did have some unique propositions for Nokia'
FCC, Google cast eye over millimetre wireless
The smaller the wave, the bigger 5G's chances of success
It's even GRIMMER up North after MEGA SKY BROADBAND OUTAGE
By 'eck! Eccles cake production thrown into jeopardy
Mobile coverage on trains really is pants
You thought it was just *insert your provider here*, but now we have numbers
Don't mess with Texas ('cos it's getting Google Fiber and you're not)
A bit late, but company says 1Gbps Austin network almost ready to compete with AT&T
prev story

Whitepapers

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.
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.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
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.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.