Menu
01/07/2009
Nortel Cuts Yet More Jobs
Telecoms giant Nortel has laid off 150 staff across the UK, all without redundancy pay.
Nortel's Toronto-based HQ filed for Chapter 11 bankruptcy protection in the US in January and also put its UK arm into administration.
At the end of March, 228 workers, including 87 from Nortel's facility in Co Antrim were laid off from its UK operation.
Administrators Ernst & Young confirmed yesterday that the company's UK employee forum had been notified that due to an ongoing decline in revenues "it will be necessary, going forward, to facilitate a number of redundancies" but said it was too early to provide details of numbers or which departments will be affected.
However, it has emerged today that the posts are being cut from the Maidenhead headquarters, Newtownabbey in Co Antrim and Harlow, Essex.
Further jobs cuts are expected to be announced on 7 July.
Ernst and Young said it could not give redundancy pay if it was to ensure the survival of the business.
A spokeswoman said: "Because of economic reasons it has been necessary to implement a further redundancy programme in the UK.
"This is a result of a significant decline in revenues for Nortel Networks UK.
"It is unfortunate that we have had to make further headcount reductions but they have been necessary to reduce costs in the ongoing business and are essential to the ongoing survival of Nortel Networks UK."
Ex-employees have been holding a series of protests outside the Maidenhead headquarters and the offices in Northern Ireland.
The former staff said Nortel workers in France and Germany who were made redundant had been given "full recognition" and redundancy pay.
They are also angry that a retention bonus was paid to executives in the US and Canada soon after the March job losses, which reportedly amounted to $23m (£13.9m).
Ernst and Young said the bonuses had "nothing to do with the UK administration".
Nortel had employed about 1,200 staff at its Maidenhead site, with another 800 employed in Harlow in Essex, north Lanarkshire, London and Newtownabbey.
The former Standard Telephones Company in Monkstown has seen several separate disputes taking place over the years and staff also faced earlier uncertainty over the company's take-over.
See: Nortel Strike As Dispute Escalates
(BMcC/JM)
Nortel's Toronto-based HQ filed for Chapter 11 bankruptcy protection in the US in January and also put its UK arm into administration.
At the end of March, 228 workers, including 87 from Nortel's facility in Co Antrim were laid off from its UK operation.
Administrators Ernst & Young confirmed yesterday that the company's UK employee forum had been notified that due to an ongoing decline in revenues "it will be necessary, going forward, to facilitate a number of redundancies" but said it was too early to provide details of numbers or which departments will be affected.
However, it has emerged today that the posts are being cut from the Maidenhead headquarters, Newtownabbey in Co Antrim and Harlow, Essex.
Further jobs cuts are expected to be announced on 7 July.
Ernst and Young said it could not give redundancy pay if it was to ensure the survival of the business.
A spokeswoman said: "Because of economic reasons it has been necessary to implement a further redundancy programme in the UK.
"This is a result of a significant decline in revenues for Nortel Networks UK.
"It is unfortunate that we have had to make further headcount reductions but they have been necessary to reduce costs in the ongoing business and are essential to the ongoing survival of Nortel Networks UK."
Ex-employees have been holding a series of protests outside the Maidenhead headquarters and the offices in Northern Ireland.
The former staff said Nortel workers in France and Germany who were made redundant had been given "full recognition" and redundancy pay.
They are also angry that a retention bonus was paid to executives in the US and Canada soon after the March job losses, which reportedly amounted to $23m (£13.9m).
Ernst and Young said the bonuses had "nothing to do with the UK administration".
Nortel had employed about 1,200 staff at its Maidenhead site, with another 800 employed in Harlow in Essex, north Lanarkshire, London and Newtownabbey.
The former Standard Telephones Company in Monkstown has seen several separate disputes taking place over the years and staff also faced earlier uncertainty over the company's take-over.
See: Nortel Strike As Dispute Escalates
(BMcC/JM)
Related Northern Ireland News Stories
Click here for the latest headlines.
22 August 2008
Nortel Strike As Dispute Escalates
Around 150 workers took to the picket lines outside one of the last of the Province's telecommunications electronics manufacturing facilities this week. Staff at Nortel at Monkstown have walked out on strike over wages. Trade union Unite's Regional Organiser, Terry Collins said that Nortel was likely to be one of a kind.
Nortel Strike As Dispute Escalates
Around 150 workers took to the picket lines outside one of the last of the Province's telecommunications electronics manufacturing facilities this week. Staff at Nortel at Monkstown have walked out on strike over wages. Trade union Unite's Regional Organiser, Terry Collins said that Nortel was likely to be one of a kind.
30 March 2009
Twin Jobs' Fears Revealed
There's doubly bad news on employment today as jobs are to be lost at a major manufacturing facility in Co Antrim, while more cuts are expected at Translink in Derry. The losses are at Nortel's plant in Newtownabbey where last month the telecoms company said it had plans to shed over 3,000 jobs worldwide.
Twin Jobs' Fears Revealed
There's doubly bad news on employment today as jobs are to be lost at a major manufacturing facility in Co Antrim, while more cuts are expected at Translink in Derry. The losses are at Nortel's plant in Newtownabbey where last month the telecoms company said it had plans to shed over 3,000 jobs worldwide.
10 September 2002
MLA's call for new firefighters pay scheme
Two UUP MLA's have called on the Northern Ireland Executive to implement a new pay scheme for Ulster's firefighters. North Antrim UUP MLA the Rev Robert Coulter called for the introduction of a new pay formula in a motion to the Assembly on Monday. Mr Coulter said he hoped it would help achieve a real remedy to the question of firefighter’s pay.
MLA's call for new firefighters pay scheme
Two UUP MLA's have called on the Northern Ireland Executive to implement a new pay scheme for Ulster's firefighters. North Antrim UUP MLA the Rev Robert Coulter called for the introduction of a new pay formula in a motion to the Assembly on Monday. Mr Coulter said he hoped it would help achieve a real remedy to the question of firefighter’s pay.
12 March 2002
Nortel confirms fresh wave of redundancies
Nortel Networks have confirmed they are engaged in talks with employees following the announcement that the company is to introduce a fresh wave of voluntary redundancies at their Monkstown plant.
Nortel confirms fresh wave of redundancies
Nortel Networks have confirmed they are engaged in talks with employees following the announcement that the company is to introduce a fresh wave of voluntary redundancies at their Monkstown plant.
15 January 2009
Pay Cuts And 'Bankruptcy' Highlight Job Fears
As news that around a third of employees at a high-tech company in Londonderry are to receive a pay cut of 10% in an effort to save their jobs as the global recession hits sales, there has been more gloomy news from a similar firm in Co Antrim.
Pay Cuts And 'Bankruptcy' Highlight Job Fears
As news that around a third of employees at a high-tech company in Londonderry are to receive a pay cut of 10% in an effort to save their jobs as the global recession hits sales, there has been more gloomy news from a similar firm in Co Antrim.
-
Northern Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.
