VodafoneGlobal telecom carrier Vodafone on Tuesday said it plans to reduce 11,000 jobs over the next three years, with an aim to "simplify" both headquarters and local markets. Margherita Della Valle, Group Chief Executive, said their performance has not been good enough. Vodafone said it has an action plan already underway, focused around three priorities -- significant investment reallocated in FY24 towards customer experience and brand, 11,000 role reductions planned over three years and Germany turnaround plan, continued pricing action and strategic review in Spain. We will have empowered markets focused on customers, scale up Vodafone Business and take out complexity to simplify how we operate," said the company. "We will be a leaner and simpler organisation, to increase our commercial agility and free up resources.

Source: dna May 16, 2023 18:05 UTC