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Mistral Internet Downsizing - Jobs Lost

Posted: 04th Oct, 2005 By: MarkJ
ISP Mistral Internet is in the process of closing two offices in Basingstoke and Cambridge, resulting in the loss of some 20 jobs:

The job cuts and office closures follow a review of the business after the recent acquisitions of Basingstoke-based Netkonect and Cambridge-based Drakken. A handful of other jobs also look likely to be cut as part of the restructuring.

"Where possible, the company will provide opportunities for internal transfer with relocation allowances to those staff affected in an effort to minimise any mandatory redundancies," said Mistral in a statement.


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