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

600 jobs
Number of planned job losses
Job loss
Announcement Date
18 February 2010
Employment effect (start)
1 March 2010
Foreseen end date

Description

Fixed-telephony operator Romtelecom, part of the Greek OTE group, announced the loss of 600 jobs. The company claims that technological advances had made them surplus to requirements.


Sources

  • 19 February 2010: Ziarul Financiar

Citation

Eurofound (2010), Romtelecom, Internal restructuring in Romania, factsheet number 70226, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70226.