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August 15, 2022
BUSINESS

Telemobil to enact voluntary layoff scheme

The company estimates 350 of its staff will opt for the measure.

Zapp cell phone network operator Telemobil will enact a voluntary layoff scheme that will grant the employees who will leave the company by their own will a financial incentive, a six-month medical insurance, HR consulting services and free access to Zapp services for half a year. The company estimates 350 of its staff will opt for the measure, which was caused by the financial crisis that forces the company to increase its operational efficiency and support competitiveness, Telemobil announces.


“2010 will be a difficult year for any company in Romania, as Romanian economy enters the second year of the most severe financial crisis in the last 20 years. As a consequence, in such a hostile macroeconomic climate, significant efforts must be made to build and maintain a positive performance,” the company writes in a press release. The release does not mention how many employees will be affected by the decision, but the company estimates about 350 people might opt for voluntary layoff, Telemobil spokesman Eugen Secmerean told Mediafax. “This is no target or plan, it is just estimation. The decision belongs to each employee,” he said. The employees from Bucharest and throughout the country who will leave the company under this scheme will receive five monthly salaries, plus the equivalent of the unemployment benefit.

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