x
Europe

FT Suspends Restructuring

2:05 PM -- Orange (NYSE: FTE) has suspended all restructuring programs until at least the end of 2009 in the wake of a spate of staff suicides, reports AP. CEO Didier Lombard has been subjected to criticism over his handling of the situation, but shows no sign of quitting over the suicides issue. (See FT Responds to Suicides, France Telecom Under Fire, Further Tragedy at FT, and Photos: Protest & Unrest in France.)

— Ray Le Maistre, International News Editor, Light Reading

HOME
Sign In
SEARCH
CLOSE
MORE
CLOSE