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

2,868 jobs
Number of planned job losses
Job loss
Announcement Date
13 May 2003
Employment effect (start)
1 May 2003
Foreseen end date
1 December 2003

Description

Untill the 12th of June, the group PT goes to negotiate a first phase of rescissions for mutual agreement, early retirements, etc. The lay-offs will take place in the area of the fixed communications.


Sources

  • 13 May 2003: Diário Económico

Citation

Eurofound (2003), PT - Portugal Telecom, Internal restructuring in Portugal, factsheet number 59563, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59563.