Partner cuts 40 managerial positions
The mobile carrier offered other jobs to most of the officeholders, as part of a restructuring.
Mobile carrier Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) has cut 40 managerial and other positions at headquarters, but offered other jobs to most of the officeholders, as part of a restructuring. The company plans to establish a retail division, which will coordinate end-user equipment activity in response to market changes and the ending of the carriers’ subsidies of mobile phones. The carriers now sell phones as a product in their own right, which requires specialization.
Partner said in response, “As part of the ongoing process at the company to adapt to changing customer and market needs, it recently carried out an adjustment of its internal structure, which included the consolidation of headquarters’ activities, and added customer service activities. The activity of 40 managers and headquarters staff was reduced, while at the same time the company hired 170 employees for the service network.”
Published by Globes [online], Israel business news – www.globes-online.com – on July 18, 2013