Nine Staff Made Redundant At Logic, North Rock
As a result of the merger of Logic and North Rock, the companies today [May 31] announced that they are going to trade collectively as Logic. The Company said that ”as a result of the merger and resulting duplication of positions, nine people were today made redundant, four of whom are non-Bermudian.”
Vicki Coelho, CEO, Logic, says: “We have made the difficult decision to make nine people redundant today. We would like to thank each of our departing employees and wish them well in their future endeavours.”
The Logic store at 30 Victoria Street will close today and customers will be serviced from the Washington Mall store. The new opening hours, effective Monday, will be 8:30am – 5pm Monday to Friday and 9:30am – 5pm on Saturdays.
The off-island Logic help desk will be brought back on island over the next three months, which will create three new jobs.
The pricing for both North Rock and Logic internet packages are now the same across both companies. Customers with North Rock email addresses can continue to use them as usual. Customers won’t need to switch to a Logic email address as a result of the merger.
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lets hear all of the predictable partisan nonsense while the rest of the world moves on and Bermuda starves to death
Maybe its just me but I will throw my comments this way, 9 people let go and 4 of them were not Bermudian. Ok that sounds good because atleast they got rid of the non Bermudian. but there are 5 Bermudians added to the unemployment line. Then they are bringing back the help desk which will open up 3 new positions, why not just keep on 3 of the best out of the 5 Bermudians and place them in the help desk and if they need to be trained, do so in the time frame it will take to bring the help desk back on island.
Duane, you are so good at this. You must be running a succesful business. Tell us where it is, we’d love to see how an expert does it.
Its at YA MAMA’S HOUSE
Like a boss!
Oh, you are such a business genius.
I wondered the same thing but come to find out some of theses people, help desk is outside of their area of expertise. Just because they work for an ISP doesn’t mean they work directly with internet or networking. They have people in sales, advertising and so on aswell. Sure they could be trained to do the job but they could also make a lot less than what they specialize in. One of the people they let go was the only one in his field so if something goes wrong in that area….well, should be interesting.
PAAAAHLEEESE!! That common sense decision is too common sensical to be made. Haven’t you heard, the majority of people with the letters behind their names can only come up with difficult solutions. Easy everyday common sense decisions always seems to elude their thoughtful brains.
I agree , to often people are looked over and excuses made for something we suppositly have no expertize for but if you look a little closer, you would find some of the same so called experts got their degree online. I got letters in front of my name and behind my name and none of them start with the letter A or end with the letter S.
But I am in total agreement that those that do can make better sense of a situaionn and sum it up and call it what it is GREED.
Wow another sad time for some Bermudians. They said they made 9 redundant 4 are non-Bermudians that leaves 5 who are Bermudian. Three NEW positions will be avaliable in a few months. Wouldn’t it make sense to rehire 3 of the 5 Bermudians that were made redundant??? Just asking.
Only if they are qualified for this new position. What makes you think that just because they are Bermudiana and already employed by the company that they are qualified for this new position? They could have been cashiers or janitors for all we know. Or, they could have been less than stellar employees and on their way out the door anyway. Just because they “got paper” doesn’t mean the new position is theirs for the taking. Duh.
How anyone considered this merger to be a good idea is beyond me!
It’s not good but it is a natural consequence of the fall in population and therefore fewer customers. When you pursue policies aimed at reducing the economy and the population size, this is the kind of thing that happens.
Are you for real,it is a merger and it brings both lots of clientel into one ship and everyone uses the IN – TER – NET ,GET IT . THE NET THAT TRAPS EVERYBODY.
Not to mention other services that they provide.
When they leave the island they no longer use the internet in Bermuda. But you, as a business genius, already know that.
Once the merger was announced I saw this coming.
So did many other people.
We should not be dismissing the loss as expatriate jobs as “ok” either.
If BTC @ Logic are under Key Tech why do I have to pay out of my a$$ and paying into 2 separate accounts. Cant they make it less expensive and let you pay with one bill. With voice and data combined.
What, & cut their profit margins??? Blasphemy I say!!
how nice to know that these rich people can just fire off poor humans and leave them defenseless and hungry, wasting all their savings trying to survive unemployed. Just nice to know that these people have such big hearts, and care so much.
It makes me so sick I could just cancel my freakin service from you useless providers. YOu have trash crap service and performance. I pay so much money for a set speed, and it is never even a quarter of the speed I pay for. At least keep the nine staff and let them help you improve your terrible service.
oh, and thanks for hiding the fact that the reason everyone’s net went down for no reason for like 5 or 7 days was because you were merging and couldn’t tell anyone why they had to pay for a week of no internet.
Thanks.
I am glad more & more people are starting to understand their being taken for a ride. Time to organize as consumers & stand up to be counted so these companies start to listen.
I agree we have been ripped off for years but our hands were tied – what choices did we have! After TBI announced their rates, I decided to wait and see what Logic / Northrock would do before making a switch. They did lower their rates but I was disappointed and almost offended that they were not even close to TBIs rates and so I decided to make the switch. I went online and signed up with TBI -WEEKS AGO and nobody has even bothered to call me back or email me yet. I spoke to someone a few days ago that said it was almost 3 weeks before they got hooked up with TBI.
Like they say – You never get a second chance to make a first impression.
yes you are correct …you pay dearly for a set speed and it never is the speed you are paying for…i have complained numerous times ,just to be stuttered at…Everyone should go to TBI…boost their business to push them to the top and if they cant cope themn close um all down until a competent person takes the helm …im tired …
4 more guest workers gone.
Another $400,000 from the already failing economy.
This is not a good thing.
You really think guest workers are here to support our economy? To think they’ll spend $100,000 a year here is a joke. The point of them being here is for them to MAKE money here, not to spend it ALL here. On the other hand the 5 Bermudians that where let go would spend the majority of their money into the local economy.
You never learn do you.
It’s awful that Bermudians lost their jobs today, and I personally know some of them, but your comments towards the non-Bermudians are completely harsh. They do not just lose their jobs, but they lost their friends, their lives and have to completely uproot themselves! They effectively lose everything they have come to know and love. It is not just Bermudians that love and respect this beautiful Island. And based on personal experience you can bet that they spend at least 70% of their income in Bermuda, as well as bringing out friends and family to visit, and encouraging others to move here. Trust me, Bermudians go abroad to spend money just as often as non-Bermudians, if not more!
I make $400k here. I spend it in New York.
Wow….you fly to New York every day and rent your house there, and pay your bills there, and drive your car there, and buy your food there….traveling to Bermuda every day where you do not spend any money must be really difficult.
Any job loss in Bermuda is dire people. Bermudian OR expat. Expats don’t live in a vacuum. They rent properties (from Bermudians) and pay payroll tax that goes towards running the country. They use the air port and the grocery stores and everything in-between. Make the connection before you drop even further below a critical mass.
I seem to recall a Bernews article dated April 29/13 when asked about staff employment Ms. Coelho said, “Today staff has remained constant, we will be reviewing where there may be opportunities for better synergistic relationships, but at this point there are no redundancies”.
Amazing how things can change in only 32 days!
Well, she didn’t lie. At THAT point in time there weren’t any redundancies…. However after having conversations on this merger a few times with different people we all agreed that we would be surprised if there wasn’t any redundancies due to this merger.
You are totally wrong she did not lie, SHE just ahd to decieve you like a former poltician did,cause he considered all of us to be just plain stupid.
The merger would have at least involved 2 CEOs, 2 CFOs, 2 Office Administrators, 2 IT Managers etc etc. Getting rid of the extra CEO, CFO etc takes care of 4 redundancies.
Thus some redundancies would be a natural consequence. It would be interesting to know which actual positions were made redundant.
It is true that if the non Bermuians have to leave the island, there will be less rents etc and an impact on other Bermudians.
That I know of….
Corporate salesperson – expat
base station engineer – expat due for retirement next year
operations dept – local
accounts dept – not sure
rep for system manufacturer – expat
don’t know the other 4.
don’t worry the ex-pats will be back…rubber band affect
Rubber band affect…I’ll give you a rubber band affect…upside your…
Ha, Ha, HA!!!!!
Awful news today and sorry to all who received it, regardless of whether they are local or not. The management is completely incompetent and I only wish that they’d had the decency to treat you all with the respect you deserve. There was no communication at all and no kindness or understanding shown. I hope that in time you’ll all come to realise that you’re better off.
What we will learn before this is all over is the fact that the real back bone to the Bermudian economy is the Bermudian himself. Unlike the migrant worker; our money does not flow through the doors of the money shops; but stays right here in our country and thereby is the real trickle down or should I say trickle around our economy.
We shall allso learn that an economy that will have you believe that it can not exist with out foriegn input was never going to be a stable economy as we are finding out now with our present reality. The expat worker can return to his or her country; while we if we are minded to live off the British wellfare benifits system can go to live in England.
But what will your answer be if a British citizen asks you; ‘What right do you have to live off the British wellfare system when you have never paid taxes to maintain that system? I don’t know if many Bermudians have taken note of late; but Britain is getting tried of mantaining all these foreigners who have find the British benifits system an easy pick.
In fact thier last budget statement was all about immigration reform so the writing is on the wall. Here in Bermuda with the expat worker leaving in increased number; there is one more shoe that is going to fall and that is the exits of the status Bermudian. That right at that point we will learn who wants to be a Bermudian for better or worst?
I think my family will switch providers, plain and simple.
Mke your time work hard and plan for retirement simple! If you become a multi millionaire skip the last few step otherwise just bitch and moan about life and paint yourself as a loser because you didn’t apply yourself . Gambling and the drug industry won’t make you rich either!