EMCC European Monitoring Centre on Change

France Télécom

Company/Organisation:
France Télécom

Geographic Location

Country: France

Company

Sector: Information / communication
Telecommunications
61 - Telecommunications
Number Employed: 217000
Group: France Télécom

Employment Effects

Announcement Date: 20-01-2004
Planned Job Reductions min: 8800
Planned Job Reductions max: 8800
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-01-2004
Foreseen End Date: 01-12-2004
Planned Job Creation: 1400
Other Job Reduction Measures: 8800

Additional Information

In the framework of its Europe wide restructuring plan, France Télécom announced a social plan affecting 8,800 jobs in France. The job cuts will mainly be achieved through early retirement (8,000) and contracts coming to an end (800). At the same time, 1,400 jobs will be created within the research and development, sales and IT departments.