Sponsored Links

STXNEWS LATAM-Telefonica Brasil seeks to cut 1,000 jobs -union

Wed Mar 6, 2013 9:17am EST

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.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.