Tech Mahindra

Type
Internal restructuring
Country
United Kingdom
Region
Northern Ireland; Belfast;
Location of affected unit(s)
Belfast
Sector
Information / Communication
Information Service Activities
Digital Infrastructure Services
63.1 - Data processing, hosting and related activities; web portals
200 jobs
Number of planned job losses
Job loss
Announcement Date
29 October 2015
Employment effect (start)
Foreseen end date
3 January 2016

Description

It has been reported that IT company Tech Mahindra has confirmed the loss of 200 jobs from its offices in Belfast, Northern Ireland. The losses are expected to take effect on 3 January 2016. The job cuts follow the loss of a contract with the mobile phone and Internet provider EE. The contract is not being reallocated; EE are taking the work in-house. The loss of the contract is particularly damaging for Tech Mahindra as it formed the 'primary source' of income for the company. A spokesman for the company stated that they will offer compensation and adequate aid with job transitions for the affected employees.

Sources

  • 29 October 2015: Belfast Telegraph

Citation

Eurofound (2015), Tech Mahindra, Internal restructuring in United Kingdom, factsheet number 85397, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/85397.