Denis O’Brien’s Actavo reduces its headcount by 1,000

Most of the job losses are in Actavo’s British industrial division

Actavo, the company formerly called Siteserv, has let go 1,000 staff in recent months. The Denis O’Brien-owned company still employs 5,000 people. Most of the job losses are in Actavo’s British industrial division with about 350 jobs associated with its work for defence giant Babcock.

Actavo has also reduced its headcount in its networks division and its Dublin-based group structure.

A spokesperson for Actavo said: “The company confirms, in recent months the Uk ...