Ibex cuts 1,405 Jamaican workstations, shuts half island centres

Outsourcing provider Ibex Ltd closed two of its four Jamaican delivery centres and cut 1,405 workstations from the island during the financial year to June, stripping out 37 per cent of its Jamaican capacity, filings with the US Securities and Exchange Commission show. The Nasdaq-listed outsourcing group ended the year with two Jamaican centres and 2,405 workstations, down from four centres and 3,810 workstations a year earlier. Jamaica now ranks behind Nicaragua in the company’s delivery network, having been its largest nearshore site a year ago.