Colt Telecom, the business telecoms operator, yesterday axed 800 jobs and announced a £550m write-down in the value of its pan-European network. The cuts come on top of 500 job losses announced in ...
Struggling European telecoms group Colt Telecom is axing another 800 jobs across Europe in an effort to fight the economic downturn, it said today. Fri, 27 Sep, 2002 - 10:37 Struggling European ...
LONDON -- Colt Telecom Group PLC said Friday it was expanding its restructuring program to slash an additional 800 staff and plans to take a £550 million ($852.5 million or €869.9 million) ...