Digicel to axe jobs in 23 markets

January 15, 2009 at 17:40 Leave a comment

Caribbean and Central American mobile operator Digicel has rolled out a “voluntary separation program” aimed at reducing staff in 23 markets. Workers who decide to leave will be eligible for health care coverage, bonuses and accelerated payments for stock options under the plan, depending on years of service. The operator estimates that about 10 percent of 4,500 eligible employees will take the offer. Digicel hopes the programme will “better align” the organization and overall cost structure with evolving economic conditions. The staff reduction programme will not affect the newly-entered markets, including Panama, Honduras, the British Virgin Islands and the South Pacific operations. Digicel currently operates on 31 markets across the Caribbean, Central America and the Pacific islands, with a total customer base of over 6.5 million subscribers.

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Entry filed under: Caribbean, Digicel, Job Cuts, Mobile, Mobile Network Operator, Telecom, Wireless. Tags: , , , , , .

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