Deutsche Telekom to Cut Administrative Jobs at Headquarters
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Deutsche Telekom AG plans to reduce administrative employees at its headquarters as Europe’s largest phone company tries to improve profitability.
The Bonn-based company may cut as many as 400 jobs per year through 2015, spokesman Christian Schwolow said today. The plan, which isn’t yet finalized, would decrease the number of employees at various levels through means including early retirement and voluntary departure, he said.