France's Bouygues is expected to announce on Tuesday a voluntary redundancy plan at its telecom unit, threatening several hundreds of job, as it struggles with competition from ultra-low-cost new entrant Free Mobile, according to Les Echos.
Bouygues Telecom's works council will meet on Tuesday afternoon, according to the French daily.
A similar labour-management meeting on cost reductions and potential job cuts is due on Tuesday at Bouygues' rival SFR, a unit of Vivendi.
Bouygues Telecom, which employs 10,000, is facing a drop in sales which could fall 15 to 20 percent this year, and in profitability, despite the previous launch of a cost reduction plan of 300 million euros per year, the newspaper added.
No one was available for comment immediately at Bouygues Telecom.