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Telecom Italia mulling 15,000 job cuts on Enel plan - report
2016-04-07 10:09:00| Telecompaper Headlines
(Telecompaper) Telecom Italia is considering cutting up to 15,000 jobs, equivalent to nearly 30 percent of its workforce, due to increased competition arising from the fibre-optic broadband rollout plans of Italian utility giant Enel, according to unnamed sources cited by Bloomberg. Enel recently confirmed plans to invest a total of EUR 2.5 billion to help bring high-speed broadband to around 7.5 million homes in 224 Italian cities. The sources said Telecom Italia may lose around 5 million wholesale customers as a result, most of them from Vodafone Italia and Wind, with Telecom Italia increasingly frustrated by a plan it considers to be unfair competition. Vodafone Italia and Wind are expected to reach a strategic and commercial partnership with Enel to develop the broadband network across Italy.
Telecom Italia plans massive job cuts in wake of Enel network project
2016-04-07 02:00:00| Total Telecom industry news
Italian telco will reportedly cut 15,000 positions, or close to 30% of its workforce, sources say.
Tags: project
network
job
plans
Nokia starts consultations on planned job cuts
2016-04-06 13:34:00| Telecompaper Headlines
(Telecompaper) Nokia has started talks with employee representatives on planned job cuts following its merger with Alcatel-Lucent. Expected to take place in the period through 2018, the workforce reduction will contribute to its target of EUR 900 million of operating cost synergies in 2018 from the merger. In addition to reducing overlap between the two companies in areas such as sales, R&D and corporate functions, the restructuring will adapt the organisation "to challenging market conditions and to shift resources to future-oriented technologies such as 5G, the Cloud and the Internet of Things", Nokia said. To start the process, Nokia representatives are meeting 06 April with the company's two European Works Councils.
Tags: job
starts
nokia
planned
Disney left without heir to top job
2016-04-05 17:21:03| BBC News | Business | UK Edition
Disney's chief operating officer, Tom Staggs, is to step down in May, leaving the company without an heir apparent for chief executive Bob Iger.
JOB OPPORTUNITY: Emergency Management Operations Manager
2016-04-04 22:24:50| PortlandOnline
The deadline to apply is April 25, 2016 at 4:30 p.m.
Tags: management
job
manager
opportunity
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