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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Koninklijke KPN NV | TG:KPN | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.016 | -0.43% | 3.665 | 3.651 | 3.679 | 3.676 | 3.65 | 3.656 | 56,783 | 22:50:13 |
RNS Number:5129U Koninklijke KPN NV 22 January 2004 800 jobs to go at KPN's fixed division Number 002pe As a result of efficiency measures and the introduction of new technologies, approximately 800 jobs will be lost from within KPN's fixed network services division in 2004. The largest part of the reduction, approximately 500 jobs, will be realised through natural wastage. The bundling of marketing and sales activities at the head office results in some 300 compulsory redundancies. KPN considers improvements in efficiency and effectiveness to be essential now that the division's turnover is under continuing pressure due to the erosion of prices, increased competition and an increase in the number of people who only use a mobile phone. The works council and the unions have been consulted for advice. Provisions will be made with regard to the severance scheme in accordance with KPN's social plan. Costs amounting to approximately EURO 20 million are expected to fall in the first quarter of 2004. This information is provided by RNS The company news service from the London Stock Exchange END STRDLLBLZFBXBBK
1 Year Koninklijke KPN NV Chart |
1 Month Koninklijke KPN NV Chart |
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