Telecom Italia to Shrink Workforce by 14 Percent (E-Commerce Times)

Telecom Italia will cut an additional 4,000 jobs by 2011 as it concentrates on core growth markets in Italy and Brazil to confront the deteriorating economic situation, CEO Franco Bernabe said Wednesday. The 4,000 job cuts are in addition to 5,000 announced in June, and will reduce Telecom Italia’s workforce by 14 percent.
(here is the story…)

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This entry was posted on Wednesday, December 3rd, 2008 at 10:44 pm and is filed under INTERNET.