Telecoms network upgrades could cost 300,000 jobs in Europe over the next five years as wireless and wireline carriers move to more efficient technologies and look to reduce their workforces by 30%.
According to the UNI Europa ICTS union, which represents telecoms workers across the European Union, within a decade the sector will see its workforce halved. According to a Bloomberg report, some of these losses will come from operators moving jobs outside the EU, often to areas with lower labor costs and fewer employment law restrictions. But many will result from a move to networks that require less labor.
Chosen excerpts by Job Market Monitor
Deutsche Telekom AG will have to cut more jobs to halt a slide in revenues in Europe, the German telecommunications company’s Europe chief told a German newspaper. Handelsblatt cited Claudia Nemat as saying in an interview that the company had struck an agreement with a trade union in Hungary over 500 jobs and was in … Continue reading »
BERLIN — European mobile telephone operators are primed to enter a … Everything Everywhere cut 1800 jobs, or 11 percent of its work force, in 2011 and is on … Link:http://www.nytimes.com/2012/06/18/technology/18iht-telecoms18.html
Vodafone will cut 500 jobs in Germany, the company said, as the group adjusts to harsher competition and lower fees in Europe’s largest economy. “We have started a two-year program,” a spokesman said, confirming reports in the Frankfurter Allgemeine Zeitung and Rheinische Post. The company aims to shift some operations to Romania and India, as … Continue reading »
Mobile phone operator Vodafone (VOD.L) said it had reached agreement with labor unions to lay off 620 workers at its recession-hit Spanish unit, adding to a list of job cuts in Spain’s hard-hit economy. Many companies in Spain, where the unemployment rate already stands at 26 percent, are laying off staff to cut costs. The … Continue reading »
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 … Continue reading »
Nokia Corp. NOK -1.51% Thursday announced more job cuts in Finland as part of a move to outsource its information technology operations to Indian suppliers. Nokia said it would outsource some of its IT operations to two Indian IT suppliers, HCL Technologies Ltd. and TATA Consultancy Services Ltd. , India’s largest software exporter. As part … Continue reading »
Ericsson (NASDAQ:ERIC) informs its employees in Sweden about the plan to reduce its operations in Sweden that involves a reduction of an estimated 1,550 positions, covering all job areas, including sales, general and administration, research and development, supply and service delivery. “It is naturally a difficult message for our employees in Sweden,” says Tomas Qvist, …Continue reading »
French telecom equipment maker Alcatel-Lucent (ALUA.PA) plans to axe 5,490 jobs worldwide as part of a cost-cutting plan announced in July, with 3,300 in Europe and 1,490 in France, a French union said on Thursday. “We are in shock,” said Isabelle Guillemot, of the CFDT union. Alcatel had said in July that it planned global … Continue reading »