The Channel logo

News

By | John Oates 31st May 2006 10:47

Serco consults on job cuts

Company meeting this afternoon

Serco is in discussions with staff about likely job cuts. Staff first heard the news a week ago, and the company has set up a committee to hear employees' views - the first meeting is being held this afternoon.

A source at the company told the Reg that staff were surprised by the decision because the firm carried out restructuring just last year. Serco bought ITNet for £235m in December 2004.

The number of job losses depends on the outcome of discussions, but the figure is believed to be around 170.

A spokesman for Serco said: "We've started the consultation process - the first formal meeting is this afternoon. We'll be talking to staff and are committed to treating them fairly and sensitively. Until this process is over I can't confirm any numbers."

Serco likes to talk up its employee relations - 35 per cent of staff have formal union agreements.®

alert Send corrections

Opinion

Trevor Pott

Why aren't you, personally, stopping the moronocalypse?
Star Trek Into Darkness

Chris Mellor

Federation fissiparousness to form co-ordinated divisions
iot_internet_of_things

Chris Mellor

EMC is ahead overall with HDS mounting an IoT catch-up

Features

Lego gandalf by https://www.flickr.com/photos/isherwoodchris/  CC 2.0 https://creativecommons.org/licenses/by-sa/2.0/ attribution sharealike
Why interconnectivity in the cloud is tougher than just stacking bricks
Handing over dollars picture via Shutterstock
Steve Ballmer. Pic:  Aanjhan Ranganathan
Nokia is the biggest write-off yet, but it wasn't the first
Confused computer keyboard
Last Christmas, I gave you my Cloud, the very next day you gave it away