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News : Hrvatski Telekom to Axe 160 Jobs
August 19, 2014 -- Hrvatski Telekom is to cut around 160 jobs as the company continues with the transformation process which began at the start of the year.
HT said activities have been initiated in line with the Labour Act and the collective agreement and will be conducted in the course of September and October.
HT is conducting the company transformation in order to set up the basis for future growth and expansion of operations under conditions of long-term economic crisis and continued deterioration of the Croatian telecommunications market. It says that in the course of 2014 many actions were taken to increase operational efficiency; for instance, to make the organisation more agile and more efficient, the organisational structure was streamlined and managerial positions were cut by 31%.
It adds: "Headcount reduction is part of an indispensable process of business optimisation aimed at maintaining the Company's operational efficiency and ensuring stability and future business even under adverse economic conditions."
Workers designated as surplus will be offered the option to enter a selection process for job positions where employees are needed, which pertains primarily to the call centre.
Posted by Veronica Silva Cusi, news correspondent
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About T-Hrvatski Telekom:
T-Hrvatski Telekom is the leading provider of telecommunications services in Croatia, serving more than 1.3 million fixed lines, nearly 2.5 million mobile subscribers and 648,000 broadband connections through its Residential and Business divisions.
Published: Wednesday, August 20, 2014