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

7,500 jobs
Number of planned job losses
Job loss
Announcement Date
14 February 2003
Employment effect (start)
1 February 2003
Foreseen end date

Description

France Télécom, the French historical telecommunications company, has initiated a worldwide restructuring programme that will affect 13,000 workers worldwide. In France, there will be 7,500 redundancies: 4,100 early retirements and 3,400 direct dismissals.


Sources

  • 14 February 2003: Le Monde
  • 17 February 2003: Les Echos

Citation

Eurofound (2003), France Télécom, Internal restructuring in France, factsheet number 59047, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59047.