0
General

Oi hopes to eliminate 2,000 jobs through Voluntary Separation Incentive Program

Monday 12 October 2020 | 15:00 CET | News
Oi has launched a Voluntary Separation Incentive Program, aiming to eliminate some 2,000 jobs, or about 15 percent of the headcount. Employees adhering to the programme will be entitled to special terms, including compensation based on the tenure at the company and extension of benefits such as healthcare, dental plan and life insurance, among other compensation. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Oi
Countries: Brazil
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Oi reschedules shareholders' assembly for 16 October

Published 09 Oct 2020 14:25 CET | Brazil
Oi has rescheduled its general shareholders' meeting for 16 October after none was held on the original date, 17 September, as ...

Oi brings commercial 5G network on stream in Brasilia

Published 07 Oct 2020 12:37 CET | Brazil
Brazilian operator Oi has started commercial operation of the 5G network in the Federal District, reports Correio Braziliense. ...

Oi gets court approval for new restructuring plan

Published 07 Oct 2020 11:26 CET | Brazil
The 7th Corporate Court of the Capital District of the State of Rio de Janeiro has ratified the changes to Oi's Judicial ...

Oi renegotiates debts with state

Published 23 Sep 2020 14:00 CET | Brazil
Oi and the Advocate General of the Union (AGU) are in the process of signing an agreement to renegotiate the Brazilian operator's ...

Itau seeks cancellation of Oi's creditors assembly

Published 22 Sep 2020 17:39 CET | Brazil
Brazil's Itau bank has requested at the 7th Business District Court of Rio de Janeiro that the court declare null and void the ...

Oi shareholder meeting does not reach minimum quorum

Published 18 Sep 2020 14:08 CET | Brazil
Brazilian operator Oi said its extraordinary general meeting (EGM) scheduled for 17 September missed the minimum quorum and was ...

Oi achieves positive net operating cash flow in July

Published 16 Sep 2020 13:39 CET | Brazil
Oi ended July with BRL 7.8 million of positive net operating cash flow, an improvement over the negative BRL 7.7 million observed ...

Oi towers attract interest from Piemonte

Published 28 Aug 2020 11:02 CET | Brazil
Piemonte Holding is analyzing whether to enter the race for Oi's towers, reports Valor Economico....

Rio court orders Oi to organize virtual creditors meeting

Published 24 Aug 2020 09:12 CET | Brazil
Judge Monica Maria Costa Di Pietro of the Rio de Janeiro Court of Justice confirmed the Oi's creditor meeting will take place on ...

Oi reduces cash burn in June to BRL 69 mln

Published 21 Aug 2020 12:26 CET | Brazil
Oi's net operating cash flow was once again negative in June, at BRL 69 million. However this was an improvement over May, when ...

Claro, Sky consider acquisition of Oi's DTH unit

Published 19 Aug 2020 14:38 CET | Brazil
Claro and Sky Brasil are evaluating the possible acquisition of Oi's DTH unit, the CEOs of the two operators said during during ...

Oi denies receiving bankruptcy request

Published 19 Aug 2020 14:25 CET | Brazil
Oi has issued a statement to the stock market regulator in which it denies knowledge of any bankruptcy request....

Oi seeking to raise BRL 2 billion for fibre expansion – report

Published 19 Aug 2020 11:19 CET | Brazil
Oi is preparing to raise another BRL 2 billion by the end of 2020 or the beginning of 2021 to finance the expansion of the ...

Oi and Huawei to install 8,000 km of fibre in Amazon region

Published 18 Aug 2020 12:52 CET | Brazil
Brazilian operator Oi has teamed up with Huawei to expand fibre coverage in the Amazon region in order to boost fixed and mobile ...

Oi grows fibre customers five-fold in past year, targets 2 mln by year-end

Published 18 Aug 2020 11:35 CET | Brazil
Oi's FTTH customer base grew almost 5.5 times in one year, ending June with 1.3 million users, according to data presented by the ...

Oi updates divestment plans, considers DTH sale

Published 14 Aug 2020 13:05 CET | Brazil
Oi has filed with the 7th Commercial Court of Rio de Janeiro an updated version of the proposed amendment to its debt ...

Oi sees 11% revenue drop in Q2 to BRL 4.54 billion

Published 14 Aug 2020 12:54 CET | Brazil
Brazilian operator Oi reported a 10.8 percent annual drop in net revenue to BRL 4.54 billion in the second quarter of 2020, ...

Oi to hold creditors meeting 08 September

Published 14 Aug 2020 10:57 CET | Brazil
Brazilian operator Oi announced a date for the creditors meeting to consider its new debt restructuring plan. The 7th Corporate ...

Oi purchase by rival should get go-ahead from regulator - report

Published 13 Aug 2020 14:55 CET | Brazil
The possible sale of Oi's mobile network to the consortium formed by rivals TIM, Claro and Vivo should face no compelling ...

Oi adopts new strategy for fibre services to small businesses

Published 11 Aug 2020 15:45 CET | Brazil
Oi has created a new business unit targeting small and medium enterprises called Oi Seu Negocio, reports Teletime. The aim is to ...

Ufinet eyes Oi's fibre assets - report

Published 10 Aug 2020 13:52 CET | Brazil
Fibre optic network company Ufinet, owned by Enel and private equity firm Cinven, has made a non-binding bid for the fibre unit ...





Calendar   /   Industry Events

19 Oct Tele2 Q3 2021
19 Oct A1 Telekom Austria Q3 2021
19 Oct Iridium Q3 2021
19 Oct Netflix Q3 2021
19 Oct America Movil Q3 2021
19 Oct Ericsson Q3 2021
19 Oct Pixel Fall Launch
19 Oct Arm DevSummit
20 Oct Verizon Q3 2021
20 Oct Crown Castle Q3
20 Oct Elisa Q3 results
20 Oct Bango strategy day
20 Oct Samsung Unpacked Part 2
21 Oct Telenor Q3 2021
21 Oct Digi Q3 2021
21 Oct Grameenphone Q3 2021
21 Oct Orange Belgium Q3 2021
21 Oct Intel Q3
21 Oct Telia Q3 results
21 Oct Snap Q3
21 Oct AT&T Q3 2021
22 Oct Doro Q3 results
25 Oct Facebook Q3
25 Oct Dtac Q3 2021
25 Oct Calix Q3 2021
26 Oct F5 Networks fiscal Q4
26 Oct SK hynix Q3
26 Oct Orange group Q3 2021
26 Oct MediaTek Q3
26 Oct Twitter Q3 2021
::: More Calendar Items