Vodafone, the smallest domestic mobile operator (headquartered in London), is to cut 218 jobs (roughly 10% of staff in Czech Republic) by mid-April 2013.
According to the management the company will undergo restructuring in order to boost efficiency. The job cuts will include managerial positions as well.
All redundant employees will be paid severance pay in accordance with their collective agreements. Severance pay is based on years of service and ranges from 3 to 13 average wages. They will be also given the opportunity to use the services of professional advisors.