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Germany / Deutsche Telekom would cut 1 200

Germany’s Deutsche Telekom has been reported to be planning more job cuts in addition to those already announced a while ago. According to a newspaper, layoffs will primarily affect its overhead segment.

Deutsche Telekom of Germany on Thursday was reported to be preparing more job cuts domestically over the next couple of months.

The business newspaper “Handelsblatt” claimed the country’s telecommunications giant was planning to axe 1,200 jobs within the framework of a larger restructuring program.

The daily said the envisaged cuts would affect about 10 percent of the company’s overhead division, including marketing, controlling and administration. The jobs in question would be gone by June 30, 2012, the newspaper reported.

Choosen excerpts by Job Market Monitor from

dw

via Deutsche Telekom to cut more jobs in Germany | Business | DW.DE | 17.01.2013.

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