Altice Group is planning to shut down five of its smaller companies, which will impact about 1,500 workers. Employees from these companies will be moved to the main part of the group, called Meo – Communications and Multimedia Services.
This decision is part of a bigger change in how the company is structured.
It also follows a voluntary separation program that has already drawn in over 800 people who want to leave. The goal of this reorganization is to make the company run more smoothly and bring all resources together under Meo’s main operations.
Related News