July 12, 2018 / 3:07 PM / 5 months ago

Deutsche Telekom's T-Systems offers to extend no-redundancy pledge

FRANKFURT, July 12 (Reuters) - Deutsche Telekom’s troubled IT services arm T-Systems made a pay offer on Thursday that included extending a pledge to refrain from compulsory redundancies by two years.

The offer, running to the end of 2019, is based on the assumption that T-Systems hits its business targets this year, and foresees a pay rise of 1.6 percent on April 1, 2019, T-Systems said in a statement. (Reporting by Douglas Busvine Editing by Maria Sheahan)

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