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16th of October 2018

Bermuda News



Three redundancies as Ascendant outsources | The Royal Gazette:Bermuda Local Business

Scott Neil, Assistant Business Editor

Published Sep 13, 2018 at 2:08 pm (Updated Sep 13, 2018 at 2:08 pm)

Jobs lost: Ascendant Group, the parent company of Belco, has outsourced its marketing and communications department with the loss of five positions, two of which were vacant

Jobs lost: Ascendant Group, the parent company of Belco, has outsourced its marketing and communications department with the loss of five positions, two of which were vacant

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Three staff members have been made redundant at Ascendant Group following the outsourcing of its marketing and communications department to design and marketing company Cosmic Limited.

A further two vacant positions at Ascendant have also been axed.

In a statement, an Ascendant spokesman said: “The marketing and communications department for the Ascendant Group Limited has been outsourced, which will result in substantial cost savings to the company. Three staff and a total of five positions have been made redundant.

“The marketing and communications functions have been outsourced to Cosmic Ltd. a local, Bermudian-owned and managed company.”

Cosmic Ltd was founded 16 years ago, and in 2016 it merged with The Foundation, a specialist in web design, development, print and online marketing services.

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