2min chapter

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France Telecom: Corporate Restructuring and Employee Wellbeing

Cold Call

CHAPTER

The Challenges of Privatization

In 19 96, a law was adopted transforming the company into ase standard private company. In many ways, it's difficult to imagine a business with a bigger set of challenges. They lost its monopoly and were nearly simultaneously confronted by globalized players entering the french market. And they had an inefficient land line work force that was dramatically too large,. yet lacking in many of the capabilities to compete in the increasingly disruptive mobile and internet space.

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