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

16,000 jobs
Number of planned job losses
Job loss
Announcement Date
15 February 2006
Employment effect (start)
1 January 2006
Foreseen end date
31 December 2006

Description

France Telecom, the French telecommunications company, announced on 15 January 2006 that 16,000 jobs would be suppressed in France by the end of 2008. 22,000 people are to leave the company through natural attrition till 2009. Voluntary relocation are expected (1,000 a year).Early retirement measures, considered as too expensive won't be implemented. No information was given on the exact number of direct dismissals.


Sources

  • 16 March 2006: Les Echos
  • 15 February 2006: Les Echos

Citation

Eurofound (2006), France Télécom, Internal restructuring in France, factsheet number 63089, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63089.