Zayo Group confirmed Monday that 21 workers at its U.S. operations were let go in mid April, a tiny fraction of its 3,300 employees worldwide.
The cuts were to reduce redundant positions in operations as the company adjusts to recent acquisitions, Zayo spokeswoman Shannon Paulk said.
“In the U.S., Zayo has made minor workforce adjustments in mid April, which impacted 21 field and outside plant positions due to certain consolidations in those departments and elimination of redundant positions,” she said in an e-mail. “There were a few employees that had their positions restructured/reclassified.”
The Boulder-based telecom has acquired companies in the past two years. Just this year, Zayo purchased three Texas data centers, including two of Clearview International. In January, it completed its , Canada’s fourth-largest telecom.
The company, which employs 660 people in Colorado, will share its . Previously, Zayo reported a $10.8 million net loss on revenues of $369.6 million during the second quarter, ended Dec. 31, compared to thenet income of $3.8 million on $323.9 million in revenues in second quarter 2014.
Tamara Chuang: tchuang@denverpost.com or visit dpo.st/tamara
