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O2 Telefónica Germany cuts jobs amid revenue slump

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Latest: O2 Telefónica Germany to cut 1,100 jobs and close 60 shops amid revenue slump

In late July 2026 O2 Telefónica Germany confirmed a restructuring plan first announced on 22 July. The programme will cut up to 1,100 full‑time jobs – about one‑sixth of its 6,820‑person workforce – and shut roughly 60 o

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