On Air Now

Current Show

Coast to Coast AM   12:00 AM - 5:00 AM

Call Coast to Coast now at 1-800-825-5033

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 590 AM Kalamazoo, MI

Weather

Current Conditions(Kalamazoo,MI 49001)

More Weather »
48° Feels Like: 43°
Wind: NNW 10 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Showers 45°

Tomorrow

AM Rain 61°

Sat Night

Mostly Clear 41°

Alerts

SFR to make fewer job cuts than expected: report

PARIS (Reuters) - French mobile operator SFR is planning to announce lower-than-expected job cuts on Wednesday, French daily Le Figaro reported on Saturday, citing an unidentified source close to the matter.

The French daily said that instead of the 2,000-job cuts expected by unions in the summer the number would be "less than 1,000."

A person close to SFR said the newspaper's estimate was realistic but declined to provide more details about the news to be made public at a workers' council meeting on Wednesday.

SFR is seeking to make 500 million euros ($647.93 million)in cost cuts in 2013 on top of the 450 million euros already targeted for 2012 as it grapples with low-cost competition, union sources told Reuters in July.

SFR, which is controlled by French media group Vivendi , declined to comment on Saturday.

($1 = 0.7717 euros)

(Reporting by Astrid Wendlandt, editing by William Hardy)

Comments