Redundancies loom at 20:20 Mobile as the company continues to move into the services sector away from traditional mobile distribution.
20:20 Mobile sought to play down the cuts, insisting it would only result in a handful of redundancies. Mobile understands the cuts are not linked to the possible sale of the company to Brightstar Group, with the sale expected to go through in a matter of weeks.
It is understood 5% of 400 jobs at the company are under review with no more than 2% of jobs at risk of being cut. The rest of the affected staff will be redeployed to other parts of the business. The jobs which are under threat are in the mobile distribution arm of the business in sales, purchasing, marketing and administration, distribution and warehousing.
Staff will be redeployed to areas including 20:20 Mobile’s insurance, call centre, white label and recycling businesses. One source close to the company said: ‘Most staff will be found other roles in the parts of the business which are growing. The company is restructuring those areas where the market is shrinking and moving staff into areas of growth. I would be surprised if more than ten jobs go in the end.’
A 20:20 Mobile spokesman said: ‘In the past 12 months 20:20 has grown significantly within the services sector and new business accounts of our business, employing over 100 new staff. Following a business process review and as part of our continued drive for efficiencies for both customers and vendors we have identified a number of roles that are potentially at risk.’
Author: Carol Millett