Telefónica to Cut 1,100 Jobs at German O2 Unit in €265 Million Restructuring
30 Articles
30 Articles
Compared to the average fall of 0.6% recorded by the main European operators.
The pressure seems to be too high for the O2 Group. By 2026, more than 1000 jobs will be removed – further cuts will follow.
What Vodafone has behind him now has competitor O2 ahead of him: a painful personnel reduction. But is this really the way back to good figures? An O2 Supervisory Board member has his doubts.
The telecommunications provider O2 plans to remove every sixth job in Germany. This will mean that up to 1100 people will lose their jobs. For them there are now severance payments and other offers ready for them to go voluntarily. The company also wants to close 60 shops by the end of the year. The company's own locations are affected, not those of franchise partners. "We simplify the organisation, bundle activities and intensify the use of art…
The telecommunications provider O2 Telefónica wants to reduce every sixth job in Germany.
Telefónica Germany follows the steps of Spain and also prepares a restructuring of personnel that will result in the departure of 1,100 employees, of whom a part of the...
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