Type
Internal restructuring
Country
Austria
Region
Ostösterreich; Wien;
Location of affected unit(s)
Wien
Sector
Information / Communication
Information Communication Services
Telecommunications
61 - Telecommunications

92 - 192 jobs
Number of planned job losses
Job loss
Announcement Date
22 May 2003
Employment effect (start)
Foreseen end date
1 December 2004

Description

According to the employees' representatives, 100 jobs had to be shed in the frame of a restructuring plan. On May 27 2003, management announced some measures to improve competitivity, among which the suppression of 32 full-time jobs.

December 2003. Until the end of 2004, 60 jobs have to be shed above the ones already announced in the frame of the cost-reducing programme but also as a response to the market situation.


Sources

  • 22 May 2003: Der Standard
  • 1 December 2003: Der Standard
  • 27 May 2003: UTA - Press release (www.uta.at)

Citation

Eurofound (2003), UTA Telekom, Internal restructuring in Austria, factsheet number 58861, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58861.