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Article: Cable & Wireless to sack a third of staff.(Business)
- Article from:
- The Birmingham Post (England)
- Article date:
- June 5, 2003
CopyrightCOPYRIGHT 2003 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Richard Tyler
Cable & Wireless yesterday said it would cut its UK workforce by nearly 30 per cent over the next two years in an attempt to turn its core loss making telecoms business around.
With the US division also up for sale and dividend payments suspended for a year, new chief executive Francesco Caio said he would turn C&W into a double ...
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Article: Caio departs in carve-up at C&W
The Scotsman;
February 1, 2006 ;
700+ words
... ... waved goodbye to chief executive Francesco Caio. The one-time telecoms darling saw its ... Lapthorne was equally adamant that Caio was departing on good terms, and he hinted ... severance package likely to top GBP 700,000. Caio - responsible for the group's job cuts ...
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