France Telecom
France Telecom is there to prune again in the heart? Despite solid financial results, the incumbent could herald a social plan scale, according to information from the Lettre de l'Expansion, a source confirmed association. For the moment, the leadership of the group formally denies "any plan job cuts is expected by the end of 2008, the president announced nothing."
The number of job cuts is not known but according to the unions contacted by AFP, the leadership tablerait on 12 deletions to 15,000 over three years. The social plan would be launched at the end of this year. Rappelons que le groupe compte 187.000 salariés dans le monde.
It would then "relay" of the previous social plan launched in 2005 which included the elimination of 22,000 jobs through "voluntary departure" (16,000 net jobs with recruitment). To date, 75% of these objectives have been achieved.
Trade unions believe that workers have given enough. " "We do not know if this is a trial balloon or if a true social plan will be announced," said a source at the association AFP.
The CFDT said that "it would seem surprising that the job cuts do not continue." The CGT stressed that his state of mind was "certainly not" discuss with a view to job cuts. The CFE-CGC has stressed that "new outsourcing activities" associated with job cuts, would be "harmful to the quality of service rendered", using the example of call centres which were opened in Mauritius in Cairo or Morocco.
If France Telecom is committed, as its competitors in a race to the productivity and cost reductions, its financial health remains strong. In 2007, the group led by Didier Lombard posted superior results with the objectives.
The group emerged in the past year a net profit of 6.3 billion euros, up from 4.1 billion in 2006. Its consolidated turnover reached 52.96 billion euros, up 2.8% on a comparable basis data.
The gross operating margin (MBO) amounts to 19116 billion euros over the full year 2007, an increase of 3.1% in historical data and data 3.4% on a comparable basis.
"The results we present today exceed the commitments, including debt reduction, and confirm our vision of the future of communications, 'stressed in February Didier Lombard, Chief Executive Officer of the group. "The ongoing transformation is bearing fruit, and therefore we enter 2008 with good fundamentals". Except for the job?
The words of Didier Lombard does not reassure the union South. Au contraire. In a statement, the latter claimed in a press release would be "no illusions" on the policy pursued by the company.
For the union, "the leadership shows a commitment to continuity in its employment policy of liquidation of the presence in smaller towns, continuation of subcontracting and outsourcing activities," the statement added.
The number of job cuts is not known but according to the unions contacted by AFP, the leadership tablerait on 12 deletions to 15,000 over three years. The social plan would be launched at the end of this year. Rappelons que le groupe compte 187.000 salariés dans le monde.
It would then "relay" of the previous social plan launched in 2005 which included the elimination of 22,000 jobs through "voluntary departure" (16,000 net jobs with recruitment). To date, 75% of these objectives have been achieved.
Trade unions believe that workers have given enough. " "We do not know if this is a trial balloon or if a true social plan will be announced," said a source at the association AFP.
The CFDT said that "it would seem surprising that the job cuts do not continue." The CGT stressed that his state of mind was "certainly not" discuss with a view to job cuts. The CFE-CGC has stressed that "new outsourcing activities" associated with job cuts, would be "harmful to the quality of service rendered", using the example of call centres which were opened in Mauritius in Cairo or Morocco.
If France Telecom is committed, as its competitors in a race to the productivity and cost reductions, its financial health remains strong. In 2007, the group led by Didier Lombard posted superior results with the objectives.
The group emerged in the past year a net profit of 6.3 billion euros, up from 4.1 billion in 2006. Its consolidated turnover reached 52.96 billion euros, up 2.8% on a comparable basis data.
The gross operating margin (MBO) amounts to 19116 billion euros over the full year 2007, an increase of 3.1% in historical data and data 3.4% on a comparable basis.
"The results we present today exceed the commitments, including debt reduction, and confirm our vision of the future of communications, 'stressed in February Didier Lombard, Chief Executive Officer of the group. "The ongoing transformation is bearing fruit, and therefore we enter 2008 with good fundamentals". Except for the job?
The words of Didier Lombard does not reassure the union South. Au contraire. In a statement, the latter claimed in a press release would be "no illusions" on the policy pursued by the company.
For the union, "the leadership shows a commitment to continuity in its employment policy of liquidation of the presence in smaller towns, continuation of subcontracting and outsourcing activities," the statement added.
posted by news of france at
12:19 PM
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