T-Systems

Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Information / Communication
Information Communication Services
Telecommunications
61 - Telecommunications
2,700 - 4,900 jobs
Number of planned job losses
Job loss
Announcement Date
18 March 2014
Employment effect (start)
18 March 2014
Foreseen end date
31 December 2015

Description

T-Systems, a subsidiary of German Telekom, will cut 2,700 jobs by the end of the year and further 2,200 in 2015. The business customer arm of Deutsche Telekom is to move from classical IT to data security and cloud services.

According to the company, the job cuts are to occur in a socially acceptable way.

This is not the first large-scale downsizing programme at T-Systems. In 2008, the company announced to cut 12,000 jobs within three years plus 3,000 jobs in 2009 and 2010. T-Systems mother company Deutsche Telekom employs about 29,000 people in Germany.

Sources

  • 18 March 2014: Frankfurter Allgemeine Zeitung
  • 19 March 2014: Süddeutsche Zeitung

Citation

Eurofound (2014), T-Systems, Internal restructuring in Germany, factsheet number 76734, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76734.