Three UK

Type
Internal restructuring
Country
United Kingdom
Region
South East; Berkshire; Buckinghamshire and Oxfordshire
Location of affected unit(s)
Maidenhead
Sector
Information / Communication
Information Communication Services
Telecommunications
61.20 - Wireless telecommunications activities
280 jobs
Number of planned job losses
Job loss
Announcement Date
16 September 2020
Employment effect (start)
Foreseen end date

Description

Three UK, incorporated as Hutchison 3G UK Limited, the British mobile telecommunications company has announced that it will cut 280 jobs at its head office in Maidenhead, England. The job cuts represent approximately 7% of the company’s workforce.

A spokesperson for Three said the company’s aim was to 'right size' the business and achieve 'greater alignment between the UK and Ireland'.

Three was the first mobile telecoms company in the UK to launch a 3G mobile network in 2003. The company is the British subsidiary of CK Hutchison Holdings, the Hong Kong-based global group of businesses.

Sources

Citation

Eurofound (2020), Three UK, Internal restructuring in United Kingdom, factsheet number 102033, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102033.