Two of the three main Czech telecommunications operators, Telefonica and
Vodafone, will together layoff some 700 employees, according to Czech
business website iHned. All three mobile phone network operators in the
Czech Republic, which also includes T-Mobile, have faced worsening
conditions and a long-term drop in profits. At the same time, the firms
have been forced to invest billions of crowns in the next generation
mobile
phone network. According to the website, Vodafone, the third-largest
operator on the Czech market, will let go around 11 percent of its 1,800
employees, continuing in lay-offs from last year. T-Mobile, which let go
several hundred people in 2013, confirmed it would lay-off several dozen
people this year.