Ascendant Group — the parent company of BELCO, Aircare, iFM, and iEPC – have confirmed that three staff members have been made redundant.
The company confirmed that the Marketing and Communications Department for the Ascendant Group were “outsourced which will result in substantial cost savings to the company.”
Three staff and a total of five positions have been made redundant, with two of the positions vacant at the time, and the Marketing and Communications functions were outsourced to a local Bermudian company.
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