Three Ireland is to cut 160 jobs as part of a business restructuring following its recent acquisition and integration of O2.
In head office there will be approximately 85 roles made redundant and in retail there will be approximately 75. Three said the redundancies are due to job duplication across the two businesses.
According to the company, workers will be offered a redundancy package of six weeks ex gratia payment plus two weeks statutory per year of service, as appropriate outplacement support.
Additionally, a number of fixed term contracts across the business will not be extended when they expire.
However, Three said it will create 90 permanent customer care roles over the next 12 months. These roles will bring staffing at their customer care centre in Limerick to 440 staff. Additionally, a number of existing contract staff will be made permanent over the next year.
"We are confident that our planned €300 million investment in our high speed network will require up to 100 full time equivalent roles through third party contractors over the coming three years," Three Ireland CEO Robert Finnegan said.
