STXNEWS LATAM-Telefonica Brasil seeks to cut 1,000 jobs -union
Telefónica Brasil SA, which controls Brazil's largest wireless carrier, plans to cut as many as 1,000 jobs through a program for voluntary buyouts, a union spokesman said on Wednesday.
The company did not have an immediate comment.
Telefónica Brasil, which has operations in mobile and fixed-line telephony, pay TV and broadband Internet, is involved in a plan to cut infrastructure building expenses, sell cellphone towers and share its network with other carriers to lower costs.
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