Proximus to Cut 1,200 Jobs and Halve Annual Dividend
Proximus will cut 1,200 jobs by 2030 to improve efficiency through AI. The firm also halved its dividend to 0.30 euro to fund Belgian fiber infrastructure.
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The Belgian telecommunications operator PROXIMUS announced a significant workforce reduction on Friday as part of a strategic shift toward artificial intelligence and cost-saving measures. The company revealed plans to eliminate 1,200 positions by 2030, representing approximately 15% of its total staff, while simultaneously halving its annual dividend payout.
