Cablecom slashes workforce
December 10, 2008
Liberty Global's Swiss subsidiary Cablecom has said it plans to lay off up to 150 staff as part of its organizational streamlining, citing 'increasingly fierce competition.' Cablecom, Switzerland’s largest cable operator also said that Managing Director Rudolf Fischer will resign. He will remain in his post until a successor has been found, the company said. 'In the face of increasingly fierce competition and to enable the company to focus on its core areas, Cablecom is streamlining its organisational structures and senior executive departments as part of a programme to boost efficiency,' the company said. 'To cushion the effects of the job losses, the company will adopt measures such as recruitment freezes, making use of natural fluctuation, alternative working hours or early retirement schemes."
Other posts by :
- IRIS2 free for government usage?
- Bank: AST SpaceMobile will orbit 356 satellites by 2030
- SpaceX launches 600th rocket
- Starlink: 10m customers and counting
- SES predicts end of ‘big’ Geo satellites
- Amazon Leo gets approval for 4,504 extra satellites
- SpaceX gets a portion of India
- TerreStar wants to build LEO network
- Musk: “No Starlink phone”
