100 all out for Cable & Wireless

Cable & Wireless is to lay-off around 100 management-level employees in the UK. According to the London Evening Standard, the job losses will be focussed on the company’s central London headquarters, which currently houses some 740 staff. The report describes the move as “a major shake-up of its corporate operations” and says a further 500 staff will be relocated to Cable & Wireless Communications – the company’s cable TV business, based in Watford. ®