France's SFR Expected to Cut Around 10% of its Workforce
Published on: 26th Nov 2012
Note -- this news article is more than a year old.
French mobile network SFR is expected to announce around 1 100 job losses later this week according to one of the local labour unions representing about 10 percent of the workforce.
Citing an internal document, Vanessa Jereb of UNSA told Les Echos newspaper that they expect the announcement to come out this Wednesday.
SFR wants to concentrate its office based workforce in two locations -- in Paris and Lyons -- as part of a cost cutting exercise sparked by the recently highly competitive French mobile telecoms market.
Some of the job cuts are also expected to result from a switch to cheaper forms of customer care services, such as online to replace telephone based services. The company may however create 300 new jobs to improve its retail sales.
The job losses are expected to be phased in over an 18 month period.
On the web: Les Echos