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Deutsche Telekom to cut 4,000 jobs at IT unit T: Systems

02
Dec
2013

Deutsche Telekom plans to cut around 7.5 percent of jobs in the next three years at its IT services business T-Systems, a company source said on Monday. The plan to cut about 4,000 jobs out of a total of almost 53,000 is expected to be put to the companys supervisory board at a meeting in mid-December, the person with knowledge of the plans said. Earlier German newspaper Handelsblatt had said the company was planning to cut as many as 6,000 jobs, which could include lay-offs for the first time since 1949. It will be closer to 4,000 jobs, said the source.

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