Type
Internal restructuring
Country
Romania
Region
Location of affected unit(s)
various locations
Sector
Information / Communication
Information Communication Services
Telecommunications
61 - Telecommunications

692 jobs
Number of planned job losses
Job loss
Announcement Date
18 July 2019
Employment effect (start)
18 July 2019
Foreseen end date
31 December 2019

Description

Telekom Romania, the Romanian affiliate of Deutsche Telekom, has announced plans to cut 692 jobs by the end of 2019. The company aims to accelerate the process of digitalisation and to redesign its internal processes in order to support the integration of new technologies in the next three years.

According to a spokesperson for the company ‘as part of the restructuring process, Telekom Romania maintains that it will apply social protection measures in line with existing legislation’. The unions did not react to the announcement.

Telekom Romania has a workforce of 4,404 employees.


Sources

Citation

Eurofound (2019), Telekom Romania, Internal restructuring in Romania, factsheet number 98267, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98267.