Altice Europe unit SFR plans to lay off up to 1,700 employees, or about 11% of its staff, in France this year, Reuters reported March 3, citing a company statement.
The French telecom operator said the exits would be voluntary, according to the report.
The layoffs are in line with SFR's new strategic plan that aims to take into account new digitalization habits that led to a 30% decrease in the number of visitors to its stores.
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The Layoff List was created in 2019 and is free for the community. Tips reported are left anonymous unless they explicitly ask to be included as a source. We verify a majority of tips and include independent sources, but for tips that we are unable to verify we separately categorize them as unverified reports to avoid misrepresentations.