Proximus has confirmed the launch of a new reorganisation plan, with the aim of remaining relevant on the Belgian market and securing the company’s future. The company noted that the telecom market in Belgian is not growing and that prices are also coming under pressure from “heavy regulations”, and all this despite the increased demand for connectivity. The new #shifttodigital strategy will seek to make the company more digital and flexible and its employees more competent. The big goal will be to lower costs, with targeted savings of EUR 240 million by 2022. This will take place in various ways: by cutting jobs, making the company more efficient and by near- or off-shoring. The company also confirmed the further roll-out of its fibre network and preparation for 5G and said it wanted to further expand ICT activities.
Shift in jobs
Proximus plans to let go of 1,900 positions, while also recruiting 1,250 more employees over the next three years, including 750 for ICT activities and 500 for new digital domains. The company added that the roll-out of its fibre network will this year provide 1,600 jobs at external partners. The company said it will consult with social partners on how to achieve these goals.
Efficiency and off-shoring
To cut expenses, the company will rationalise its networks, product portfolio, platforms, buildings and IT systems, and further simplify, automate and digitalise. It will engage with its suppliers and external partners, to, for example shift to more cost efficient work-models via near-shoring and off-shoring. It will also invest in the training and upskilling of its employees.
