Deutsche Telekom wants to cut hundreds of jobs – economy

Deutsche Telekom wants to continue cutting jobs. How many jobs in total will be affected is still unclear, said a Telekom spokesman when asked. At the internal IT service provider Telekom IT, 1,300 of the 5,400 jobs located in Germany are to be eliminated, as the company confirmed. In addition, around 350 employees will be leaving the company for early retirement or partial retirement in the coming months. Previously this had Handelsblatt reported.

In a program that is internally called “Booster” and with which the company says it wants to save costs, it is currently examining how processes at the headquarters in Bonn should be restructured and to what extent jobs can be saved. The group said that a lot has changed due to technological advances, among other things – the last major restructuring of this kind was ten years ago.

“We will make this as socially acceptable as possible,” said a Telekom spokesman. There have never been any operational layoffs at Telekom in Germany. In August, the Deutsche Telekom subsidiary T-Mobile US announced that it would cut almost 5,000 jobs in the United States and replace them with, among other things, artificial intelligence.

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