EMCC European Monitoring Centre on Change

Hellas Online

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Hellas Online

Geographic Location

Country: Greece


Sector: Information / communication
61 - Telecommunications
Number Employed: 742
Group: Intracom

Employment Effects

Announcement Date: 19-12-2013
Planned Job Reductions min: 300
Planned Job Reductions max: 460
Type of Restructuring: Outsourcing
Employment Effect Start: 19-12-2013
Foreseen End Date: 31-01-2014

Additional Information

Greek telecomunication services provider Hellas Online is to cut up to 460 jobs. As reported, the cost-cutting measure is linked with the company’s decision to outsource part of its activities to a third company (360 Connect). The restructuring refers to the Customer Operations, Retail Sales and Retention units.

According to the sources, the redundant staff will be compensated and will have the chance to be redeployed in the outsourcing company. The Syndicate of Telecommunications and Informatics’ Employees in the Municipality of Attica (SETHP) denounced HOL’s decision.

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