Frankfurt (Germany), Dec three German telecommunications company Deutsche Telekom is probably going to chop concerning 4,000 jobs worldwide, consistent with media reports.
The redundancy arrange is anticipated to be allotted during a span of 3 years and would principally hit its IT services business T-Systems, Xinhua cited from a Die Welt report.
It aforesaid Deutsche Telekom, that currently employs some fifty,000 folks worldwide, is facing powerful competition within the ancient IT outsourcing business, it said.
The situation is aggravated by newcomers who are supply a price competition.
Under the new arrange, the T-Systems division can specialize in the applying of digital services like web in cars, consistent with the report.