France Telecom to Cut 22,000 Jobs
Tim Richardson writes on The Register:
France Telecom is axing 22,000 jobs - between eight and ten per cent of its workforce - in a bid to cut costs as it is hit by a decline in traditional telephone services.More here.
Most of the job cuts are to be made in France, although around 1,000 look set for the chop outside the telco's home territory. Whether that includes the UK, where Orange and Wanadoo operate, has yet to be disclosed.
No one from France Telecom was available for comment at the time of writing although some press reports have suggested that the UK could be spared.
posted by Fergie @ 2/14/2006 09:08:00 AM
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