Dutch telecom firm KPN says to cut 4,000-5,000 jobs by 2015

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Dutch telecom firm KPN said Thursday it plans to cut 4,000 to 5,000 jobs in The Netherlands between 2011 and 2015.

"A new programme of 4,000 to 5,000 job eliminations, or 20-25 percent of staff in The Netherlands, is being prepared for the period of 2011-2015," the company said in a statement.

© 2011 AFP

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