Eircom 'facing job losses': CEO
The CEO of Eircom has warned of job losses at the company, as it introduces a €90m cost-saving plan.
Management at Eircom will meet unions later this week to finalise the details of the plan.
The company is struggling in a more competitve environment, with latest results showing that its revenues and earnings are down.
Eircom CEO Paul Donovan confirmed that job losses at the company were "inevitable", among a range of measures including "pay-cost actions, new exit programmes, the introduction of performance management across the business, further modernisation of work practices and further restructuring across the business.
"It's inevitable that we will will end up as a smaller organisation in the future."
