• Germany's news in English
 
Hundreds of great job opportunities for foreign professionals at Germany's top employers - in cooperation with Monster, Experteer, Stepstone, and CareerBuilder.
What
Where
3,212
jobs available
Find English-speaking professionals with The Local.
Advertise a vacancy
Telekom cuts 1,200 jobs in reshuffle
Photo: DPA

Telekom cuts 1,200 jobs in reshuffle

Published: 17 Jan 2013 10:21 CET

The Bonn-based telecommunications giant is planning to cut jobs in its marketing, management and administration departments wrote the paper, citing unnamed inside sources.

Telekom hopes to cut overhead costs by ten percent and save €100 million a year, in a move the company has described as reorganization rather than downscaling.

It will then focus on extending its broadband operation, employing more experts specialising in mobile internet and switching over Telekom networks to IP technology, wrote the paper.

"Reorganization is always a subject with us," an unnamed Deutsche Telekom spokesman told the paper. "We are always checking the personnel dimensions of individual departments."

Employees affected by the cuts - the details of which will be announced by the end of this June - will transfer to operative departments, or be offered early retirement or severance packages, said the spokesman.

In a parallel "Shape Headquarters" project, the Telekom is planning to cut 1,300 further jobs at its Bonn headquarters by 2015 - 40 percent of the 3,200-strong HQ workforce.

Deutsche Telekom has been shedding employees for years, wrote the paper. In first 9 months of 2012 alone the company cut 5,000 jobs from its worldwide workforce, scaling it down to 236,000 employees.

2,000 of the jobs lost last year were cut in Germany, where a quarter of its employees work.

The Local/jlb

The Local (news@thelocal.de)


Don't miss...X
Left Right

Your comments about this article:

The comments below have not been moderated in advance and are not produced by The Local unless clearly stated. Readers are responsible for the content of their own comments. Comments that breach our terms and conditions will be removed.

ADD YOUR COMMENT   (YOU MUST LOG IN OR REGISTER TO MAKE A COMMENT)
Your German Career
What do German bosses need to do to get more out of their staff? Frankfurt-based business consultant Justin Bariso has this advice.
Germany's Federal Employment Agency has identified the job sectors the country is most short of workers for. JobTalk looks at where the vacancies lie.
Students at German universities have shown themselves to be a risk-free lot in a survey by Ernst & Young. The civil service is their most popular choice of future profession, while job security is valued above all else.
Jenny Core, originally from Bolton, England, shares her tips in this week’s My German Career on being an artist in Berlin. The 27-year-old exhibits her work regularly in the city, including next to a Turner Prize shortlister.
In this week's JobTalk, Tanya Schober, who is originally from India, talks us through her journey to German citizenship.
In this week's My German Career, Anupama Gopalakrishna, who is originally from Bangalore in India, tells The Local about her new life in Frankfurt.
German Employment News
In our weekly feature series, The Local chats with a successful entrepreneur. This week, Sparsh Sharma talks to Simon Schneider, CEO and co-founder of networking tool Zyncd.
In our ongoing feature series, The Local looks into a successful entrepreneur's life - the story behind their successes, major challenges and how being an entrepreneur changed them forever. This week, Sparsh Sharma talks to Mario Paladini, founder of Club GLOBALS, a 'community marketplace' for expats.
In our new feature series, The Local looks into a successful entrepreneur's life - the story behind their successes, major challenges and how being an entrepreneur changed them forever. This week, we meet Berlin resident Marc C. Lange, co-founder and CEO of Crowdflow UG.
The Federal Administrative Court on Wednesday has ruled that the state of Hesse overstepped its bounds when legislating more allowances for firms to operate, and thus force employees to work, on Sundays and bank holidays.
UPDATE: The grand coalition's freshly minted law mandating that 30 percent of executive positions must be filled by women is being hit with harsh criticisms from the firms who have to comply to it.
In our new feature series, The Local looks into a successful entrepreneur's life - the story behind their successes, major challenges and how being an entrepreneur changed them forever. This week, Sparsh Sharma talks to Lawrence Leuschner, founder of second-hand marketplace reBuy.

Journalist
In the decade since it was founded, The Local in Sweden has given people around the world an insight into one of Europe's most successful societies. We are now looking for a talented English-language journalist with an excellent command of Swedish to help us take the site to the next level
FULL JOB AD »

Düsseldorf
Stepstone
Added 12/20/14

Berlin
Stepstone
Added 12/20/14

Wiesbaden
Stepstone
Added 12/20/14

Oberkochen (Baden-Württemberg)
Stepstone
Added 12/20/14

Stuttgart
Stepstone
Added 12/20/14

Leimen bei Heidelerg
Stepstone
Added 12/20/14

Leimen bei Heidelerg
Stepstone
Added 12/20/14

Hamburg
Stepstone
Added 12/20/14

Leimen bei Heidelerg
Stepstone
Added 12/20/14