4Com, a Bournemouth-based company focused on telecommunication services, recently announced that their current business review could lead to several redundancies within the company. The comms company currently earns about £40 million in revenue and has more than doubled its workforce during the last few years, yet the latest news suggests that a "small number" of cuts could be in the pipeline.
The news is sure to hit hard for the loyal workers in 4Com, some of which only recently entered the company after it was announced as the "Best Company to Work For" by the Sunday Times a little earlier in the year. Up until now, there's no solid information on the number of jobs that might be under threat, but some mysterious "unnamed" sources suggest that as many as 50 people could be losing their jobs this year.
The Statements from 4Com
4Com have remained predictably quiet about the whole situation. There's a good chance the company is still working out exactly what they need to do to remain profitable while avoiding as many job cuts as possible. In a recent statement, the company said that they had entered a "consultation period" where they were evaluating the number of positions in their business.
Apparently, the consultation is the result of a restructuring process that will affect the entire business, and it's also part of an overall company review designed to ensure that the firm will continue to achieve its goals in the future. Unfortunately, 4Com wasn't willing to comment on the people that might be involved in the upcoming job cuts.
