PCCW confirms to release restructuring plan tomorrow

PCCW (0008) will announce the B2C restructuring plan tomorrow. Market source said that the number of trimmed workforce is 400. However, PCCW spokesman refused to comment on the abovementioned rumor and claimed that the company would release the business restructuring plan tomorrow. Newspapers pointed out yesterday that PCCW would announce the B2C business restructuring plan and lay off 200 employees.

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