Vodafone to Cut 2,000 Jobs in Germany: Savings of 400 Million Euros Planned

by time news

2024-03-27 11:10:01

Vodafone plans to cut around 2,000 jobs in Germany over the next two years in an effort to save 400 million euros ($434 million).

Vodafone Announcement:

Vodafone has decided to cut 2,000 jobs in Germany as part of a cost-cutting drive announced nearly a year ago. Staffing costs are reported to be reduced through savings and the relocation of about 2,000 jobs.

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Vodafone said the decision was taken to reduce costs and upgrade automated machines over the next two years. It is noteworthy that various companies have taken such ad reduction measures.

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