Germany’s O2 lines up job cuts as turnaround plan moves up a gear
Operator confirms it is in talks with employee representative bodies over plan that could axe around 1,400 employees from its workforce. Move comes as O2’s new management seeks to accelerate turnaround effort to fill in the void left by 1&1 contract loss and counter German competitive and economic pressure…
This article includes:
- Organisations: 1&1; Beyond ONE; BT; Deutsche Telekom; KPN; MásOrange; O2; Openreach; Orange; Swisscom; Telecom Italia (TIM); Telefónica; Telefónica Deutschland (O2 Germany); Telefónica España; Telefónica Group; Vodafone Germany; Vodafone Group.
- Geographies: Europe; France; Germany; Spain.
- People: Allison Kirkby; Christian Illek; Emilio Gayo; Mallik Rao; Markus Haas; Raimón Boguña Piferrer; Santiago Argelich Hesse.
- Themes: 5G; Accelerated Growth and Efficiency Plan; Artificial intelligence (AI); Business-to-business services (B2B); Cloud; Converged services; Customer service; Digitalisation; Efficiency initiatives; Energy supply; Future Operating Model; Internet of Things (IoT); Job cuts; Management restructuring; Mobile services; Operating model; Redundancy programme; Sales channels; Telecoms; Turnaround programme; Wholesale relationships.
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