HomeTechnologyVodafone Germany to cut 2,000 jobs as part of savings drive

Vodafone Germany to cut 2,000 jobs as part of savings drive

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Vodafone Germany plans to slash and relocate round 2,000 jobs in a bid to save lots of 400 million euros ($434 million) within the subsequent two years, the corporate introduced on Tuesday.

Vodafone presently employs round 15,000 folks in Germany, which signifies that 13% of workers could be affected by the cuts.

In addition to job cuts, Vodafone Germany plans to cut back materials and working prices, the pinnacle of the corporate, Philipp Rogge, mentioned in a speech to workers.

The measures have an effect on, for instance, methods which might be outdated or duplicated following firm takeovers.

Rogge is leaving the corporate on the finish of March.

Vodafone Germany has been present process a technique of change for years. Under Rogge’s predecessor Hannes Ametsreiter, many purchasers just lately complained that Vodafone was not capable of fulfill its daring promoting guarantees when it got here to landline connections, for instance.

Rogge on Tuesday defined that Vodafone has begun to realign itself – and has returned to progress with improved networks and affords in current quarters. “Over the next two years, Vodafone therefore wants to become even simpler, faster, leaner and therefore more powerful,” Rogge mentioned.

As a part of the restructuring, “simpler products and services” are to be developed sooner or later, Vodafone mentioned. Costs are to be decreased primarily by dismantling complicated buildings and modernizing community components and IT methods.

Rogge, who solely took over the chief govt’s place from Ametsreiter in July 2022, promised that Vodafone would make the personnel adjustments in a socially accountable method.

Certain guide actions will likely be carried out by means of elevated automation sooner or later, he mentioned. However, Vodafone additionally desires to rent new folks in different areas.

Growth areas such because the cloud business and “customer-facing positions, especially in the corporate customer segment” are to be strengthened with consultants, Rogge mentioned.

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