ICL Multivendor Computing has axed jobs at its operations in
Warrington and The Strand in London in a revamp of its sales
structure.
At the same time, Synstar has axed 140 staff as part of an £8.5m
restructuring.
Although industry sources had put the ICL headcount reduction at
around 60, a spokesman for the company said only a handful of jobs
— up to 10 — would be lost.
He added the job cuts were mainly in the sales area and had come
as a result of an internal reorganisation. “A few dozen people have
moved jobs and as a result some jobs have vanished. This will
affect approximately ten people in the MVC division of ICL,” the
spokesman said.
He insisted the job cuts had not come about as a result of a
downturn in business or current tough market conditions. “We’re not
experiencing business damage at the moment. We have slightly fewer
customers than before, but they are spending more money,” he
added.
Of Synstar’s job cuts, 70 of its UK staff at offices in
Bracknell, Bristol, Birmingham and at Livingston in Scotland will
be made redundant as part of the restructuring. The other half of
the job cuts will be spread over the rest of its European
workforce.
Synstar’s reorganisation, in a bid to drive sales growth, comes
amid a warning that revenues and profits will fall for the year to
30 September 2001.
The company said it could not meet the targets because contract
signings in some of its key markets — the UK, Belgium and Germany —
had taken longer to happen than expected.