Browsing Tag
1&1 Versatel
2 posts
1&1 Versatel is cutting about 350 jobs. Why is Germany’s telecom group restructuring while EBITDA grows?
1&1 AG plans to reduce 1&1 Versatel's workforce by roughly 26% as it simplifies management, processes and IT and redirects resources towards future investment.
United Internet profit is rising. Why are 800 jobs going as AI and cloud investment accelerates?
United Internet is eliminating about 800 positions across IONOS and 1&1 Versatel while taking €95 million of restructuring charges, even after first-half EBITDA rose 5.1%, with much of the future savings earmarked for AI, cloud and business investment.