UK altnet CityFibre has reportedly proposed organizational changes that could put up to 200 jobs at risk.
ISP Review first reported that CityFibre informed staff internally yesterday of the potential cuts, subject to consultation.
– CityFibre - Perspective Studios: Nathan Turner
The layoffs are said to be in response to the current market environment, which is saturated, while consolidation of the many altnets has been slow.
ISP Review reports that the memo to CityFibre staff states that market conditions are "not moving at the pace we anticipated," while delaying expansion of the company's fiber network footprint.
