Altice's SFR to cut up to 11% of staff in France in 2021

  • 3/3/2021
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PARIS (Reuters) - Altice Europe’s French telecoms operator SFR plans to could cut up to 1,700 jobs or about 11% of its staff this year in France, it said on Wednesday. SFR said the departures would be on a voluntary basis. “These departures would take place in 2021,” SFR said in a statement. The job cuts are part of SFR’s new strategic plan that takes into account new digitalisation habits which have resulted in a 30% drop in the number of clients visiting its shops. The telecoms operator said it was holding talks with staff representatives over the planned job cuts.

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