EMCC European Monitoring Centre on Change

Vodafone

Company/Organisation:
Vodafone

Geographic Location

Country: Spain

Company

Sector: Information / communication
Telecommunications
61.2 - Wireless telecommunications activities
Number Employed: 6000
Group: Vodafone

Employment Effects

Announcement Date: 05-12-2014
Planned Job Reductions min: 1000
Planned Job Reductions max: 1000
Type of Restructuring: Merger/Acquisition
Employment Effect Start: 01-06-2015
Direct Dismissals: 1000

Additional Information

Multinational telecommunications company, Vodafone is planning to launch a Redundancy Procedure affecting 1,000 employees after the merger with telecommunications company Ono in July 2014. As reported, the job reduction measure is expected to take place during the first 2015 semester, although the timeframe may be extended due to the size of the restructuring.