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Deutsche Telekom to cut 3,000 jobs

Last updated: 2009-08-12

Deutsche Telekom to cut 3,000 jobs
2009-08-12

Company
Deutsche Telecom
Source
(AFP)

BERLIN (AFP) - German telecom giant Deutsche Telekom will cut around 3,000 jobs in Germany at its IT subsidiary T-Systems by 2010, the company said on Wednesday following talks with union representatives.
Deutsche Telekom, a former state monopoly, has already cut some 32,000 jobs under cost-cutting plans announced in 2005. T-Systems alone employs 46,000 people and is restructuring after a run of poor results in recent years.

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