Israel's Cellcom Slates Big Layoffs to Cut Costs, Setting Off Strike

Pelephone also plans cuts as industry struggles with falling revenues, profits

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FILE PHOTO: The logo of Israel's biggest mobile phone operator Cellcom is seen on the Cellcom building in Netanya, north of Tel Aviv, Israel January 28, 2014.
FILE PHOTO: The logo of Israel's biggest mobile phone operator Cellcom is seen on the Cellcom building in Netanya, north of Tel Aviv, Israel January 28, 2014. Credit: REUTERS/Baz Ratner/File Photo

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