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

32,000 jobs
Number of planned job losses
Job loss
6,000 jobs
Number of planned job creations
Job creation
Announcement Date
8 May 2006
Employment effect (start)
Foreseen end date

Description

On 08 May 2006, Deutsche Telekom, Germany’s telecommunications operator, announced a restructuring of its staff. 6000 jobs are to be created in the customer and service business area. On the other hand 32,000 jobs are to be cut till the end of 2008. The reduction of jobs shall be regulated by compensation payments and offering senior employees to work part-time.


Sources

  • 9 May 2006: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2006), Deutsche Telekom, Internal restructuring in Germany, factsheet number 63487, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63487.