Staff were informed about the redundancies yesterday in an e-mail sent around the company by JT Group chief executive Bob Lawrence just after 2.30 pm.
They were told that as part of a ‘business transformation programme’ the company needed to cut a further £7 million over the next 12 months, in addition to savings that had already been made so far this year.
‘This means that up to 80 jobs across the organisation are at risk of being lost over the next 12 months,’ said Mr Lawrence in the e-mail.
Volunteers are now being sought to accept a redundancy package and all the job losses are expected by the end of March next year.
Last year Jersey Telecom reported pre-tax profits of £11 million.