Home Proximus to cut jobs, off-shore under 'shift to digital' strategy
 

Keywords :   


Proximus to cut jobs, off-shore under 'shift to digital' strategy

2019-01-10 11:55:00| Telecompaper Headlines

(Telecompaper) Proximus has confirmed the launch of a new reorganisation plan, with the aim of remaining relevant on the Belgian market and securing the company's future. The company noted that the telecom market in Belgian is not growing and that prices are also coming under pressure from "heavy regulations", and all this despite the increased demand for connectivity. The new #shifttodigital strategy will seek to make the company more digital and flexible and its employees more competent. The big goal will be to lower costs, with targeted savings of EUR 240 million by 2022. This will take place in various ways: by cutting jobs, making the company more efficient and by near- or off-shoring. The company also confirmed the further roll-out of its fibre network and preparation for 5G and said it wanted to further expand ICT activities. 

Tags: jobs digital cut strategy

Category:Telecommunications

Latest from this category

All news

22.03Comcast unveils Infinity Flex streaming TV platform for internet-only subscribers
22.03BT calls for open access to the UK's street furniture to speed up 5G deployment
22.03China to lead the world on 5G by 2025
22.03US network operators splurge $861m at 5G mmWave auction
22.03Facebook scores another own goal on data security
21.03T-Mobile US starts home broadband pilot with fixed-wireless LTE service
21.03Video behaviour of Dutch consumers 2018 Q4
21.03Tencent Q4 profit falls 35% on investment costs, revenues up 28%
Telecommunications »
23.03Code Quiz of the Week: No. 170
23.03This Week in Agribusiness, March 23, 2019
23.03This Week in Agribusiness, March 23, 2019
23.03Hyster to develop fuel-cell electric reachstacker for Port of Valencia
23.03New superionic conductor could result in highest energy density solid-state batteries to date
23.03New BMW X1 xDrive25Le PHEV boosts electric range 83% to 110 km; new NCM battery technology
23.03ARPA-E announces $36M for high-temperature materials projects
23.03GM to invest $300M in Orion Township plant for new Chevrolet EV
More »