EMCC European Monitoring Centre on Change

Vodafone

Company/Organisation:
Vodafone

Geographic Location

Country: Czechia

Company

Sector: Information / communication
Telecommunications
61.20 - Wireless telecommunications activities
Number Employed: 1800
Group: Vodafone

Employment Effects

Announcement Date: 20-01-2014
Planned Job Reductions min: 200
Planned Job Reductions max: 200
Type of Restructuring: Internal restructuring
Foreseen End Date: 31-03-2014

Additional Information

Mobile phone operator Vodafone is to cut about 200 jobs (11pc of the total workforce) by April 2014. Reportedly, this will affect mostly workers that are not in direct contact with customers.

The restructuring is part of a cost-savings plan. The profit of the company has recently dropped by 45pc.

Vodafone is headquartered in London, UK. Hundreds of dismissals were already reported in 2013.