×

Stocks Deutsche Telekom AG

  • Germany's government is putting pressure on Deutsche Telekom's chief executive Rene Obermann to end a dispute with trade union ver.di over plans to outsource 50,000 jobs into a new company, Handelsblatt reported, citing sources.

  • Deutsche Telekom, facing its biggest strike in over a decade over planned cost cuts, reported a 5.8% drop in first-quarter core earnings on Thursday but said it was set to meet full-year targets.

  • Some 12,000 workers at Deutsche Telekom walked off the job Monday, protesting the telecommunications company's plan to reorganize its work force by transferring 50,000 staffers into separate units, union officials said.