In an on-going age-discrimination lawsuit, a former Big Blue executive has suggested the firm fired old-timers in pursuit of a ‘trendy’ and ‘cool’ image, so it could compete with the likes of Google and Amazon.
BT’s cost-efficiency strategy has managed to avoid the headlines in recent months, but today it has announced it will be shutting down 270 of its 300 office locations around the UK.
Australian telco Telstra has announced steady progress for its T22 restructuring plan, allowing it to retire AUS$500 million of legacy IT equipment and bring forward 6,000 job cuts to 2019.
Trade union Prospect has hit out at BT’s drawn out plans to cut 13,000 staff as part of a restructuring plans to cut £1.5 billion a year from the spreadsheets.
Kit vendor Ericsson has started the year by writing down almost $700 million to account for the fact that its latest BSS efforts have turned out to be a non-starter.
Deutsche Telekom is the next telco to axe employees, with its T-Systems division set to reduce its headcount by as much as 10,000, almost a quarter of employees.
Vivendi’s influence over TIM despite not owning the company is remarkably strange and it seems activist hedge fund Elliott has finally had enough of it.
A Swedish newspaper reckons Ericsson’s latest round of cost cuts could affect 25,000 people but it’s mainly conjecture and Ericsson says the specifics are still undecided.
When times are tough you take the wins where you can and it turns out that Ericsson is pretty handy when it comes to downsizing.
County Broadband this week announced it has begun construction of a new full fibre network in Suffolk, thereby exte hhttps://t.co/p9888hpjnb
23 March 2023 @ 17:00:56 UTC
UK regulator Ofcom says licenses for unused 2100 MHz (1900-1920 MHz) spectrum may be revoked the and the spectrum r hhttps://t.co/ZqPsmJjAwT
23 March 2023 @ 17:00:33 UTC
Figures for 2022 show that while the telecoms equipment sales rose in 2022 by 1%, it's a declining rate of growth. hhttps://t.co/yaUiZXX6GD
23 March 2023 @ 13:36:13 UTC
