8 Hrs
Source:
Sky News
Vodafone plans 2,300 cuts
Vodafone plans to eliminate or relocate around 2,300 jobs in Germany over the next two years—more than 19% of its workforce of roughly 12,000 employees. The company says the move is part of a restructuring effort to simplify its organization, cut costs and strengthen its competitiveness after losing customers, while increasing its use of artificial intelligence. At the same time, Vodafone plans to step up investment in fiber-optic networks, cloud services and digital security for businesses.
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