Quote:
Originally Posted by Mr Banana
The results and this announcement have landed well with the investment houses, share price up 5.5% today.
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Is that 3000 across LG, thought it was 600 in VM?
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All in VM.
Quote:
Originally Posted by tvtimes
Wasn't the majority of redundancies (I say redundancies, but actually a lot were on temp contracts so weren't technically made redundant) call centre and tech support staff? Sent to offshore, rather than actual engineers? Whereas I imagine most of these new positions will be engineers.
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It wasn't stated who lost their jobs, they always refer to job losses as "headcount reduction". Nice and cold phrase. It would make more sense to sack the offshore call centre staff who are poor and have more staff here, but the Indians are 90% cheaper...