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TELEFONICA JOB CUTS
List of European companies which cut jobs in response to slowing economySeveral European firms are reducing their workforce. Companies in the automotive, banking, energy, and consumer goods sectors are announcin...- Telefonica proposes laying off more than 5,000 workers in Spain, union saysTelefonica has proposed laying off 5,040 employees in Spain as part of a new cost-cutting strategy, impacting 41% of its Telefonica de Espa...
- Alarm bells clang at telecom towersVodafone Group reduced its sales forecast and Ericsson AB posted a 70% drop in profit as corporate and consumer spending slowed.
- 3G iPhone debut draws coptersApple Inc started selling the iPhone 3G on Friday, drawing thousands across Asia and Europe, with customers creating a half-a-mile-long lin...
- Telecom Italia to cut 5,000 jobs to reduce costs, maintain investmentsTelecom Italia will cut 5,000 jobs by 2010, mostly through the merger of the fixed and mobile units, chief executive Franco Bernabe said in...
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