Tough times for telecoms

Telecom pain has arrived in the Czech Republic, with news that the biggest employers, Telefonica and T-Mobile both announcing that layoffs are on the way. That’s good news for exactly nobody, including office developers and owners, given the size of the real estate needs these companies have. You have to wonder at times like this how flexible their lease contracts are.

For what it’s worth, Vodafone claims not be planning to fire anyone at the moment.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s