Eircom wants to slash up to 2,000 jobs at the former State-owned telecommunications giant in a devastating blow that will heap further pressure on Brian Cowen just days after the Government claimed the recession is over.The Sunday Independent has learned that Eircom, saddled with debts of more than €3bn, is planning the largest redundancy package in the State since the downturn began three years ago.
Eircom's shareholders include the Employee Share Ownership Trust (Esot) as well as Singapore Telemedia Technologies (STT), which controls the company. Full Story
