Thursday, 15 March 2012

Dutch KPN to cut 1,400 jobs at Getronics unit

Dutch computer services firm Getronics, part of telecoms company Royal KPN, said Tuesday it plans to cut around 1,400 jobs _ 10 percent of its work force _ to save money and adapt to weak market conditions.

Getronics said the move would be completed around the end of the second quarter and would help it save euro60 million ($79 million) annually.

Royal KPN NV bought Getronics, a major government contractor in the U.S., for euro766 million …

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