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General

Deutsche Telekom considers job cuts, T-Systems sale - report

Tuesday 6 September 2016 | 15:12 CET | News
Deutsche Telekom is considering several options to reduce costs including cutting thousands of jobs in Germany, reports Reuters citing German newspaper 'Handelsblatt'. The newspaper cited unnamed sources who attended a meeting of management and supervisory board members. Other options being considered include a partial sale of subsidiary T-Systems and a review of holdings in Greece and Eastern Europe. The report stressed that no formal decisions had been made yet.

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Categories: General
Companies: Deutsche Telekom / T-Systems
Countries: Europe / Germany
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