Deutsche Telekom wants to continue cutting jobs.
How many jobs in total will be affected is still unclear, a Telekom spokesman said on Saturday when asked. The “Handelsblatt” had previously reported. At the internal IT service provider Telekom IT, 1,300 of the 5,400 jobs located in Germany are to be eliminated, as the company confirmed. In addition, around 350 employees will be leaving the company for early retirement or partial retirement in the coming months.
In a program that is internally called “Booster” and with which the company says it wants to save costs, it is currently examining how processes at the headquarters in Bonn should be restructured and to what extent jobs can be saved. The group said that a lot has changed due to technological advances, among other things – the last major restructuring of this kind was ten years ago.
“We will make this as socially acceptable as possible,” said the Telekom spokesman. There have never been any operational layoffs at Telekom in Germany. In August, the Deutsche Telekom subsidiary T-Mobile US announced that it would cut almost 5,000 jobs in the United States and replace them with, among other things, artificial intelligence.
/swe/DP/eg
BONN (dpa-AFX)
Selected leverage products on Deutsche Telekom
With knock-outs, speculative investors can participate disproportionately in price movements. Simply select the lever you want and we will show you suitable open-end products on Deutsche Telekom
The leverage must be between 2 and 20
Advertising