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Thread: Eircom Redundancies

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    Eircom Redundancies

    Just heard a drama bomb at work. 20% redundancies and 10% ish pay cuts accross the board. Approx 1000+ people. I'll update if I get real news.

    I'm only a lowly contractor so I'll be out pretty sharpish.

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    1000 people being let go or getting reduction or is that the overall amount that your percentage figures relate to?

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    That rumour has been around for sometime now.

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    Apologies that will be approx 1000 redundancies. Everyone is getting a pay cut of some description. There all gettting letters asking to accept a voluntary pay cut but there is some confusion in-house with conflictimg emails going about.

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    Most of the people in here with a commercial brain are not shocked at all but not everyone has a commercial brain apparently the news went along the lines of we cut or the banks come in as we are proper fuc*ed.

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    jpc
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    Babcock and Brown are goosed.
    But they landed the debt on Eircom.
    3 billion I think.
    The intrest has been rolled a few times as well.
    No one will touch eircom with a long pole.
    What will happen to land lines in the longer term?
    Its only a chat, we ain't the world council.
    In 2000 the Women's Institute in Britain gave Tony Blair the slow hand clap to demonstrate their contempt.
    [COLOR="Red"]It was dignified, restrained and effective.[/COLOR]Doesn't Bertie deserve the same scorn. No shouting, no abuse, no agression just a relentless slow clap whenever he speaks in public would be enough to end that man's presidential fantasy.
    -3.75,-3.23

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    tough news but hardly a surprise its been a badly run, asset stripped, over staffed, terrible products and pricing for a long time
    Enda Kenny on FF government: “We’re in this mess, not because Fianna Fáil policies have failed, but because they have succeeded.”

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    Politics.ie Regular FrankSpeaks's Avatar
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    Quote Originally Posted by drbob1972 View Post
    tough news but hardly a surprise its been a badly run, asset stripped, over staffed, terrible products and pricing for a long time
    And it all started with that vanker Sir Anthony.

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    Quote Originally Posted by FrankSpeaks View Post
    And it all started with that vanker Sir Anthony.
    actually no it started with a poorly planned and managed sell off of a state asset without protecting the national interest, the public service remit that eircom have is only for a phone line to each house, other than that they have no obligations the fact that the government of the time allowed it to be privatised in such a bad way is not the fault of O'Reilly or any of the other private sector owners who followed they were just in business to make as much with as little a cost base as they could, poor regulation and poor oversite that followed only made matters worse.

    I blame the government, comreg (farcial lot of tossers) and to a lesser extent the unions who were blinded by the ESOT dividend and their short term greed for the mess that eircom is in.....
    Enda Kenny on FF government: “We’re in this mess, not because Fianna Fáil policies have failed, but because they have succeeded.”

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    Quote Originally Posted by FrankSpeaks View Post
    And it all started with that vanker Sir Anthony.
    No, it was that vankress, Mary 'Mammy' O'Rourke.
    A demagogue is someone who will preach doctrines he knows to be untrue to men he knows to be idiots.

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