Lay off the layoffs: telcos need to think long term

PERSONAL VIEW: Telecom operators and vendors seem to be lining up to announce ‘layoff programmes’ in an attempt to show the stock market that they’re reacting responsibly to the global downturn. But, asks Tony Poulos, how much of this is smoke and mirrors. Above all, telcos need to keep up their overdue transformation investments, no matter the temporary profit setbacks. Read article…