Broadband - Voip

UK based mobile phone company Orange has revealed their plans to cut as many as 1,800 to 2000 jobs. This is around 15% of their total workforce and the reason behind this job cut is to cut costs.

Orange Chief Executive Bernard Ghillebaert added that they would be releasing details on these job cuts in the next couple of months. He added that the cost savings would be determined over the next few months “and a final structure in place by September, but the new Orange must be lean and agile and our cost base needs to be lower.”

Ghillebaert said: “Specifically, we will be 15 percent leaner, resulting in significant annual savings and a streamlined, more efficient organization.”

Orange would be trying to cut these positions through redeployment and non-renewal of temporary contracts. However, actual job cuts are also possible. Their parent company France Telecom SA is also in the process of cutting as many as 17,000 jobs.

This entry was posted on Friday, May 5th, 2006 at 6:49 pm and is filed under Business World. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.