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

5,000 jobs
Number of planned job losses
Job loss
Announcement Date
4 October 2012
Employment effect (start)
1 January 2013
Foreseen end date
31 December 2015

Description

French telecommunications group France Télécom announced its intention to recruit 4,000 employees by 2015, but as 9,000 will leave the company to retire in the same time period, the net employment effect will be a loss of 5,000 positions.

The unions have criticized this implied decrease of the workforce.

It is reported that France Télécom will also recruit 5,000 young workers each year on apprenticeships employment contracts.


Sources

  • 4 October 2012: AFP Liaisons
  • 4 October 2012: L'Expansion

Citation

Eurofound (2012), France Télécom, Internal restructuring in France, factsheet number 74245, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74245.