MOBILE NETWORK COMPANY Three has today announced a restructuring plan that will involve at least 160 job losses at its headquarters and among retail staff.
In total, 85 people in the Dublin head office will be made redundant and in retail there will be 75 job losses. Workers in the head office were told of the redundancies this morning but it has not yet been decided which retail stores will be affected. It is understood that they will be assessed over the coming months.
On top of this, Three said a number of fixed term contracts across the business will not be extended when they expire.
The company said these changes are being made to address duplication in roles that occurred since its recent acquisition of O2.
A “generous redundancy package” of six weeks ex-gratia payment plus two weeks statutory per year of service is to be provided for departing staff as well as appropriate outplacement support.
Making the announcement today, the company also said it plans to create 90 permanent customer care roles in Limerick over the next 12 months and some contract staff in this office will be made permanent.
Commenting on the news, CEO of Three Ireland, Robert Finngan said:
These staffing changes are designed to redirect resources to enhance service and to ensure an efficient network that best serves our customer needs. We had signalled that integrating two businesses would inevitably result in some duplication of roles, and whereas we can’t side-step that challenge, we can and will ensure that departing staff are treated fairly and generously.
“We are pleased at the same time to be able to create new roles as we bring all customer-facing customer care roles back to Ireland,” he added. “Additionally, we are confident that our planned €300m investment in our high speed network will require up to 100 full time equivalent roles through third party contractors over the coming three years.”
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