20% of O2's total staff strength will simply disappear. O2, the German subsidiary of UK based mobile wing of Telefonica (basically from Spain) will cut up to 1,000 jobs to diminish personnel costs reports Financial Times Deutschland.
One reason behind this move I suspect is intensifying competition in Europe's largest mobile phone market is bounding the firm to take such drastic steps. And, tell me which management in this world would not like to take the best bargain out of such uncertain market conditions.
Smaller operators like Royal KPN NV''s E-Plus has cut prices substantially to maintain subscriber growth.
For an enterprise mobile applications offering in the UK, O2 has just appointed mobile application developer Vettro.
The Vettro 360 suite
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