Haim Romano 311.
(photo credit: Courtesy)
Haim Romano, the new CEO of Partner Communications Ltd., is slashing the
company’s workforce, people familiar with the matter told Globes
The Orange franchisee, which is controlled by Ilan Ben- Dov,
will fire about 1,000 of its 8,000 employees starting next week as part of
streamlining measures it is taking to deal with worsening financial results, the
Most of the employees who will be laid off are from
customer- service centers. The company will also close two service centers, and
others will be consolidated to create one-stop shop centers.
are part of Romano’s new strategy to focus on fostering customer relations
rather than building market share. The company’s workforce greatly expanded in
recent years, but there has been no direct correlation with its
Partner’s share price fell 3.8 percent on the Nasdaq on
Wednesday to $10.77, giving a market cap of $1.68 billion.