Deutsche Telekom to cut 32,000 jobs over 3 years
Tim Richardson writes in The Register:
Deutsche Telekom (DT) is to zap 32,000 jobs in Germany over the next three years as it looks to cut costs and restructure its business. The telecoms giant insisted today that there would be no compulsory job cuts as part of the overhaul, which is set to cost the company €3.3bn in charges.
In short, DT is facing up to the changes that have swept the telecoms industry over recent years.
Over the next three years, about 32,000 employees in Germany will leave Deutsche Telekom including 7,000 workers who are to be outsourced to customer service outfit Vivento.
posted by Fergie @ 11/02/2005 08:09:00 AM
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