27/06/2002

WorldCom scandal leads to Irish job fears

The Irish operations of WorldCom could be under threat following the company's improper accounting which sent share prices around the world into freefall.

Around 180 Irish jobs are under threat at the company's bases in Dublin, Cork, Limerick and Galway.

This is just the latest blow to the company's workers in the Republic following the recent news that 10% of staff are to be laid off beginning Friday June 28.

This announcement is part of the company's overall strategy of cutting 17,000 jobs worldwide in a global cost-cutting exercise.

WorldCom, which has around 6,000 customers in the Republic, focuses on providing voice, data and internet services to their business customers throughout the country.

(MB)


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