Telecoms company to axe jobs
PUBLISHED: 13:05 05 July 2001 | UPDATED: 10:18 03 March 2010
A MARTLESHAM Heath company which designs and manufactures components for the telecoms industry is shedding more than 20 jobs. Etal Profec Technologies Limited, employs 135 at its Betts Avenue premises and is part of a world-wide manufacturing group.
A MARTLESHAM Heath company which designs and manufactures components for the telecoms industry is shedding more than 20 jobs.
Etal Profec Technologies Limited, employs 135 at its Betts Avenue premises and is part of a world-wide manufacturing group.
The company is a leading supplier to major players in the communications systems and more than 75 per cent of the products are exported through a network of distributors across the world.
Ian McDonnell, the company's finance controller, told The Evening Star today that the job losses would include salaried and other staff. A 30-day consultation period had begun and discussions were being held between management and representatives from the different areas of the company.
Mr McDonnell, added that the telecoms market: "has suffered a downtrend and there is no sign of recovery in the forseeable future.
"In order to remain efficient we have had to restrict the company and regrettably this has meant the loss of more than 20 jobs affecting salaried and other workers across the company."
Operations within the Profec Technologies organisation in Finland and Sweden are also affected, he added.
Etal is a world class designer and manufacturer of miniature transformers and line interface modules used in a wide variety of telecommunications-related products.
At Betts Avenue the company employs design, engineering, production, sales and administrative staff.
The company was formed in 1968 and 20 years later it received the Queen's Award for Technical Achievement.
In August last year it became part of the Profec organisation.
A downtrend in the global economy has been brought about mainly by the fall in mobile phone sales and it is only due to continued computer buying that many technological companies are keeping afloat.
An upturn in the gloom is not expected until at least the middle of next year.
Etal's innovations include computer telephony and voice recording and logging.