BTC lay-offs brought forward

12 Jun 2006

Bulgarian Telecommunications Company (BTC) has said that it will speed up the process of redundancies as part of its restructuring. The telco originally intended to complete the program of lay-offs within a year, but now expects the procedure to be finished during the next two months. BTC claims that the replacement of analogue equipment with digital technology will result in the need for fewer employees. It plans to reach 100% network digitalisation in the 27 largest Bulgarian cities by the end of 2006.

Bulgaria, Vivacom (BTC)