EMCC European Monitoring Centre on Change

Vodafone

Company/Organisation:
Vodafone

Geographic Location

Country: World
Location of affected unit(s): Egypt, India and Romania

Company

Sector: Information / communication
Telecommunications
61.20 - Wireless telecommunications activities
Number Employed: 105000

Employment Effects

Announcement Date: 17-09-2018
Planned Job Reductions min: 1700
Planned Job Reductions max: 1700
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-09-2018
Foreseen End Date: 01-09-2019

Additional Information

Vodafone's chief executive has announced that the company would cut 1,700 jobs across shared service centres in Egypt, India and Romania this financial year. Job reductions represents about 8%  of the workforce in that side of the business (22,000 positions). The cuts are part of a cost saving plan of about €8 billion. The chief executive stresses that more back-office functions are taken over by 'robots'. Vodafone employs about 105,000 employees worldwide.

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