Aug 21, 2001 : Look Communications Announces Job Cuts
📅 - Look Communications Inc. (look.ca) announced yesterday thatit is eliminating the positions of approximately 125 people, a costreduction measure and to more closely align with its revised business plan.The company says it remains committed to maintaining high service levels toits customers.
Look is continuing discussions with financial institutions and other partiesto secure additional sources of financing to fund its revised business plan.There can be no assurance that such additional financing will be secured atall or on terms that are acceptable to Look and its shareholders. Look Communications is a leading wireless broadband carrier, delivering avariety of communications services including digital televisiondistribution, high-speed and dial-up Internet access and Web-relatedservices to homes and businesses across Canada.
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