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

8,800 jobs
Number of planned job losses
Job loss
1,400 jobs
Number of planned job creations
Job creation
Announcement Date
20 January 2004
Employment effect (start)
1 January 2004
Foreseen end date
1 December 2004

Description

In the framework of its Europe wide restructuring plan, France Télécom announced a social plan affecting 8,800 jobs in France. The job cuts will mainly be achieved through early retirement (8,000) and contracts coming to an end (800). At the same time, 1,400 jobs will be created within the research and development, sales and IT departments.


Sources

  • 20 January 2004: Les Echos

Citation

Eurofound (2004), France Télécom, Internal restructuring in France, factsheet number 59472, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59472.