D.Telekom to speed up efforts to slim down

Newswire

FRANKFURT, Jan 20 (Reuters) - Germany's Deutsche Telekom wants to step up its efforts to cut labour costs and boost competitiveness by redeploying a large number of its civil servants and slimming down its bloated administration. Thomas Sattelberger, who steered Deutsche Telekom through tough negotiations with labour last year, told reporters that personnel accounted for 27.8 percent of costs compared with 21.5 percent at French telecoms group France Telecom . Deutsche Telekom has around ...

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