Den Haag, 22-1-04
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.