Finance

Proximus to cut 1,200 jobs by 2030 -CEO

Published by Global Banking & Finance Review

Posted on February 27, 2026

1 min read

· Last updated: April 2, 2026

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Feb 27 (Reuters) - Belgian telecom provider Proximus will cut 1,200 jobs by 2030 due to AI efficiency measures, equivalent to 15% of its workforce, CEO Stijn Bijnens said during a presentation to

Proximus plans to cut 1,200 jobs by 2030 as AI boosts efficiency

Main update

Workforce reduction plan

Feb 27 (Reuters) - Belgian telecom provider Proximus will cut 1,200 jobs by 2030 due to AI efficiency measures, equivalent to 15% of its workforce, CEO Stijn Bijnens said during a presentation to investors on Friday,.

External workforce cost cuts

The company will also look to reduce external workforce costs by 25 million euros by 2028, he said. 

Source and reporting

(Reporting by Leo Marchandon in Gdansk)

Key Takeaways

  • Scale: 1,200 job cuts by 2030 equate to ~15% of Proximus’ workforce; the group reported 13,862 employees in 2024 (including international units), giving context to the size of the planned reduction. (financialreports.eu)
  • Cost focus extends beyond headcount: management is also targeting a €25m reduction in external workforce costs by 2028, signaling a broader push to lower contractor/outsourcing spend alongside AI-driven productivity measures. (proximus.com)
  • Strategic backdrop: Proximus is simultaneously executing major network ambitions (fiber expansion and 5G deployment under its multi-year strategy) while reporting 2025 group revenue of €6.62bn (+1.2% YoY), framing the cuts as part of a longer-term modernization plan rather than a near-term retrenchment only. (proximus.com)

References

Frequently Asked Questions

How many jobs will Proximus cut by 2030?
Proximus plans to cut 1,200 jobs by 2030.
What percentage of Proximus' workforce do the job cuts represent?
The planned cuts are equivalent to about 15% of its workforce.
Why is Proximus reducing jobs by 2030?
The CEO said the cuts are due to AI efficiency measures.
What cost reduction target did Proximus set for its external workforce?
Proximus will look to reduce external workforce costs by 25 million euros by 2028.

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