DHAKA: German telecoms giant Deutsche Telekom is planning to axe 4,000-6,000 jobs in a radical shake-up of its IT services subsidiary, T-Systems.

The business daily Handelsblatt reported on Monday, says The Straits Times.

Quoting company sources, the newspaper said that the unit’s designated chief Thimotheus Hoettges will present the planned cuts to Deutsche Telekom’s supervisory board on December 12.

The jobs would be cut over the next three years. T-Systems employs a total workforce of 29,000 in Germany.

BDST: 1555 HRS, DEC 02, 2013