TelesensKSCL AG
TelesensKSCL AG english
Cost reduction through job cuts
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
TelesensKSCL (DE0005299705) Cost reduction through job cuts
Cologne, 26 October 2001 – The TelesensKSCL Executive Board has decided to cut
approximately 350 out of 1,100 jobs throughout the group. This measure is part
of an overall restructuring program aimed at making TelesensKSCL a leaner
organisation, centralising its functions, and streamlining its product
portfolio and to substantially reduce the overall costs of the company. The
Executive Board will publish further information relating to the restructuring
plan at the end of November together with the figures for the third quarter.
Investor Relations: Nina von Moltke
Press contact: Sandra Wagner
E-mail: investor@telesenskscl.com / press@telesenskscl.com
Internet: http://www.TelesensKSCL.com
TelesensKSCL AG, Global Solutions
Ferdinand-Porsche-Strasse 1, 51149 Cologne
Tel.: +49 2203 91 28 888, Fax.: +49 2203 91 28 500
end of ad-hoc-announcement (c)DGAP 26.10.2001
——————————————————————————–
WKN: 529970; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München, Stuttgart
262030 Okt 01
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found