“Booster” meets Bonn headquarters
Deutsche Telekom is cutting jobs massively
October 7, 2023, 8:00 a.m
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The internal IT service provider has already decided to cut hundreds of jobs, and Deutsche Telekom is now launching another savings program. According to a report, “boosters” are expected to lose more than 2,000 jobs. Well-paid positions at the Bonn headquarters are also at risk.
According to a newspaper report, Deutsche Telekom wants to cut costs in several places within the group. In Germany alone, more than 2,000 jobs are expected to be cut, reports the “Handelsblatt”.
In addition to the already announced reductions at the internal IT service provider Deutsche Telekom IT, which in addition to 350 jobs will be lost this year by the end of 2024, an additional 1,300 jobs will be lost, the management is working on another savings program called “Booster”, according to the “Handelsblatt”. . The headquarters in Bonn in particular is said to be affected by “Booster”. According to the report, the plan is to cut several hundred jobs, most of which are apparently well paid.
The group confirmed to the “Handelsblatt” that the program was being developed. However, the specific number of positions that are up for grabs was not mentioned. “Booster” is spread “across a variety of areas with different levels of ambition,” a spokesman told the newspaper.
The background to the plans is, among other things, the increased costs for fiber optic expansion in Germany, according to the “Handelsblatt”. A spokesman also told the newspaper that Telekom was suffering from higher energy and civil engineering prices.