France Telecom signs union agreement for senior staff

Friday 27 November 2009 | 09:35 CET | News
France Telecom-Orange has signed an agreement with unions concerning senior staff and measures to develop the second half of careers for employees in France during 2010-2012. The provision relating to these measures is estimated at EUR 700 million, of which EUR 600 million will be accounted for in 2009. Of the 14,000 people who are eligible over the coming 3 years, the group assumes for its calculations are that 10,000 people will adhere to this measure. France Teleocm said the impact of the deal on cash flow is neutral after taking into account additional recruitments and does not impact

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Categories: General
Companies: France Telecom / Orange
Countries: France
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