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The mobile operator is offering early retirement for an estimated

200 employees.

Mobile phone network operator Pelephone Communications Ltd.confirmed this morning that it is planning layoffs as part of a streamlining process to meet the changing and more competitive conditions in the market. Yesterday, the Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) unit’s recently formed workers committee said that it was beginning a campaign to oppose management’s plans to fire 200 employees.

Pelephone’s management said that it is offering a voluntary retirement program that does not contradict the collective agreement that it signed with the workers committee.

Management said that employees who have been with the company for more than three years can take advantage of the offer and enjoy improved conditions if they retire. Pelephone says that following a similar offer in November 2013, 180 employees took voluntary retirement.

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Published by Globes [online], Israel business news - www.globes-online.com - on November 4, 2014