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General

Union report tells Bouygues workers to expect more layoffs

Thursday 27 September 2012 | 10:59 CET | News
Bouygues Telecom's 556 voluntary redundancy plan is justified and a second round is to be expected soon, states a report produced by Ellipce, a consultant hired by the workers' committee. A union representative told La Tribune that the 100 page document shows that the operator's financial situation has rapidly degraded, with profits down 55 percent in the first half. The report says it is normal for management to want to emphasize different skill sets and that the announced redeployment of staff will probably not be enough. Ellipce does not expect the market to stabilise before 2014. Bouygues

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Categories: General
Companies: Bouygues Telecom
Countries: France
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