Telefonica Brazil to cut 1,500 jobs

Phone company Telefonica Brazil will cut 1,500 jobs as part of its integration with wireless carrier Vivo Participacoes, as reported by local newspaper Estado De S. Paulo.

The cuts, which make up 7.5 percent of the company’s 20,000- member workforce, will take place on a voluntary basis, the newspaper said, citing the director of Sao Paulo state telecommunications labor union Sintetel.