Thursday, February 16, 2006

Deutsche Telekom Unit to Slash 1,500 Jobs

An AP newswire article, via SFGate.com, reports that:

Deutsche Telekom AG, Europe's largest telecommunications company, Thursday said its fixed-line unit will reorganize and cut 1,500 jobs.

The affected jobs are part of a wider restructuring announced last year when Deutsche Telekom said it was cutting 32,000 workers over a three-year period.

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