Home Industry Listed Tech Dead as a Dodo – jobs to go in M2 restructure
Dead as a Dodo – jobs to go in M2 restructure Featured

Subscribe now and get the news that matters to your industry.

* Your Email Address:
* First Name:
* Last Name:
Industry:
Job Function:
Australian State:
Country:
Email marketing by Interspire
weebly statistics

Up to 100 jobs at telco M2 are about to disappear as the company announced a ‘partial restructure’ of its business.

The company says the redundancies are as a consequence of acquisitions completed in May 2013. That was when it acquired Dodo for $203.9 million and Eftel for $44.1 million. It also acquired Primus in 2012, for $192 million.

“Following an extensive period of review, the company’s integration program has identified a number of roles across administration, customer service and sales which are redundant in the merged business,” said M2 CEO, Geoff Horth.

“These changes affect approximately 100 team members, each of whom have been or will be consulted with over the coming days to explore opportunities for redeployment within the company. Where redeployment is not possible or not of interest to a team member, redundancies may occur.

“In addition to receiving their full entitlements, those team members will be offered access to support services. “We take this decision and the impact on our team very seriously. This was a carefully-considered and difficult decision.

“We place a high value on our team so today we are committed to spending time with affected team members and we will be working over the course of this week to explore all possible avenues for redeployment.”

M2 has more than 3000 staff, and has 1.4 million retail voice and ISP customers.

PROTECT YOURSELF AGAINST BANDWIDTH BANDITS!

Don't let traffic bottlenecks slow your network or business-critical apps to a grinding halt. With SolarWinds Bandwidth Analyzer Pack (BAP) you can gain unified network availability, performance, bandwidth, and traffic monitoring together in a single pane of glass.

With SolarWinds BAP, you'll be able to:

• Detect, diagnose, and resolve network performance issues

• Track response time, availability, and uptime of routers, switches, and other SNMP-enabled devices

• Monitor and analyze network bandwidth performance and traffic patterns.

• Identify bandwidth hogs and see which applications are using the most bandwidth

• Graphically display performance metrics in real time via dynamic interactive maps

Download FREE 30 Day Trial!

CLICK TO DOWNLOAD!

ITWIRE SERIES - IS YOUR BACKUP STRATEGY COSTING YOU CLIENTS?

Where are your clients backing up to right now?

Is your DR strategy as advanced as the rest of your service portfolio?

What areas of your business could be improved if you outsourced your backups to a trusted source?

Read the industry whitepaper and discover where to turn to for managed backup

FIND OUT MORE!

Graeme Philipson

Graeme Philipson is senior associate editor at iTWire and editor of sister publication CommsWire. He is also founder and Research Director of Connection Research, a market research and analysis firm specialising in the convergence of sustainable, digital and environmental technologies. He has been in the high tech industry for more than 30 years, most of that time as a market researcher, analyst and journalist. He was founding editor of MIS magazine, and is a former editor of Computerworld Australia. He was a research director for Gartner Asia Pacific and research manager for the Yankee Group Australia. He was a long time IT columnist in The Age and The Sydney Morning Herald, and is a recipient of the Kester Award for lifetime achievement in IT journalism.

Connect