Sunday April 5, 2020

Iona Technologies to shed 12% of its workforce

Software firm Iona Technologies has confirmed that it is shedding 12 per cent of its workforce in a bid to cut costs and return to profitability.

26th January, 2008

Software firm Iona Technologies has confirmed that it is shedding 12 per cent of its workforce in a bid to cut costs and return to profitability.

Iona said that it is cutting 45 jobs, this will bring its workforce to 320 by the end of the first quarter of this year.

The majority of the job cuts will come through the closure of its Beijing office as the company intends to move to an indirect sales model in...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago