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Thursday, January 3, 2013
About 100 employees at telecommunications company LIME are to lose their jobs this year due to substantial losses.
The company, formerly known as Cable and Wireless, said that it would be outsourcing its retail operations in a bid to improve its financial position.
LIME managing director Alex McDonald said while the company would be sending home 97 employees 48 new positions would be created.
He said the company has since last August been in negotiations with the Barbados Workers Union (BWU) regarding the dismissals and the possibility of having the former workers take charge of the retail business.
McDonald said that the talks had not been successful forcing the company to resort to a managed services model. |
