Telefonos de Mexico (Telmex) announced that it is restructuring its organisation in the country. The company will set up five divisions to conduct the work that was previously undertaken by ten divisions, to increase operational efficiency. A large number of executives will be transferred to Telmex International, if they express interest in joining the new company. Telmex also states that so far around 750 people have left the company, mainly through early retirement. The company’s announcement follows a report in El Universal that stated that it would reduce investment to USD 550 million in 2008 from USD 1.28 billion in 2007, following the government’s refusal to allow it to offer pay TV services for another two years. The article stated that up to 4,000 jobs above department head level would go.
Wireless Federation » Telmex announces restructuring (Mexico)
Telmex announces restructuring (Mexico)
- February 19th, 2008
- 2:03 pm
