Altice

Type
Internal restructuring
Country
Portugal
Region
Continente;
Location of affected unit(s)
Sector
Adminstrative / Support Services
82 - Office administrative, office support and other business support activities
82.2 - Activities of call centres
82.2 - Activities of call centres
268 jobs
Number of planned job losses
Job loss
Announcement Date
20 January 2018
Employment effect (start)
22 January 2018
Foreseen end date

Description

The Dutch telecommunications company Altice has announced that 268 employees (meeting a certain criteria including age and the number of years of social security contributions) from former PT (Portugal Telecommunication) will have the possibility to enter early retirement without any penalty. As a way to mitigate effects of any delay in the granting of retirement pension by the state, Altice will offer a full pension from 1 January 2018.

Sources

  • 20 January 2018: Jornal economico

Citation

Eurofound (2018), Altice, Internal restructuring in Portugal, factsheet number 93248, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93248.