Type
Internal restructuring
Country
Germany
Region
Nordrhein-Westfalen; K├Âln; Bonn
Location of affected unit(s)
Bonn
Sector
Information / Communication
Information Communication Services
Telecommunications
61 - Telecommunications

1,300 jobs
Number of planned job losses
Job loss
Announcement Date
21 June 2012
Employment effect (start)
21 June 2012
Foreseen end date
31 December 2014

Description

As announced on June 21, 2012, German telecommunications company Deutsche Telekom will cut about 1,300 jobs. This is due to restructuring of its headquarters.

Currently, Deutsche Telekom employs 3,500 full-time workers in Bonn. The headquarters is to be restructured. Telekom aims to create a "new headquarter" employing 1,000 people and a service section (1,200 employees). Further remaining employees are part of personnel and finance resorts. 800 jobs will be cut until the end of the year, the remaining ones until 2015. Deutsche Telekom aims to avoid forced redundancies.

In total, Deutsche Telekom employs 120,000 people, 4,000 of them at the headquarters.


Sources

  • 21 June 2012: Financial Times Deutschland (online)
  • 22 June 2012: S├╝ddeutsche Zeitung (Online)

Citation

Eurofound (2012), Deutsche Telekom, Internal restructuring in Germany, factsheet number 73901, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73901.