EMCC European Monitoring Centre on Change

Xantic

Company/Organisation:
Xantic

Geographic Location

Country: World

Company

Sector: Information / communication
Telecommunications
61 - Telecommunications
Number Employed: 680
Group: KPN & TELSTRA

Employment Effects

Announcement Date: 23-12-2003
Planned Job Reductions min: 247
Planned Job Reductions max: 247
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-01-2004
Foreseen End Date: 01-01-2007

Additional Information

During the next three years, 247 jobs will be shed worldwide at Xantic, owned by KPN and the Australian Telstra. Xantic provides telecommunication services by satellite and maritime softwares. This restructuring programme shoul help Xantic to be market leader. The number of jobs lost in the Netherlands is not known yet.