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gingerninja

north east

Member Since 2005

Followers 67 Following 21

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Thursday May 04, 2006

May 4, 2006
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news today

London - The future's bright, the future's Orange. So goes the tagline to the mobile operator's ads.

But as the company's future looks to be one of redeployment, natural attrition, non-renewal of temporary short term contracts, and--alas--some layoffs, we were racking our brains for a witty statement to show the wireless company's future is anything but. Yet there's no word in the English language that rhymes with orange.

The news was broken by Bernard Ghillebaert, the chief executive of Orange, which is owned by telecommunications group France Telecom. "Specifically, we will be 15% leaner, resulting in significant annual savings and a streamlined, more efficient organization. This means the loss of approximately 1,800 to 2,000 jobs," Ghillebaert explained. He added that a final structure would be in place by September.

Analysts and employees may have been holding their breath for such a cull: As fixed and mobile high-speed Internet services have become hugely competitive and cutthroat markets of late, Orange is currently undertaking a full review of its business and changing its structure to integrate its Wanadoo broadband business under the Orange banner. And France Telecom, Europe's second-largest mobile company, warned earlier this year that it planned to axe 17,000 jobs globally by the end of 2008 to reduce costs.

Ghillebaert promised that employees "would be treated with dignity and respect consistent with our values".


FUCKING MARVELLOUS
VIEW 3 of 3 COMMENTS
x_richard_x:
that sucks frown frown frown
May 4, 2006
imyourgodnow:
shit that dont sound like good news hope it works out good for ya fingers crossed..
May 4, 2006

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