T-Mobile denies job cuts report
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Deutsche Telekom AG rejected Het Financieele Dagblad’s report (citing unidentified sources) that the Dutch mobile network provider T-Mobile plans to cut 25% of its 1.900 staff in the Netherlands and stated that even though it has to become a "leaner and more efficient company," there are no concrete plans for job cuts.
Note that T-Mobile saw its earnings and revenue decreasing by almost 20 and 5 percent (first quarter) respectively.
Sources: NASDAQ.com, Total Telecom