Vodafone Germany: 400-million-eur restructuring to affect 2,000 jobs

27/03/2024

FILE PHOTO: The logo of Vodafone is seen at a Vodafone store in Northwich, Cheshire, Britain, June 7, 2023. REUTERS/Jason Cairnduff/File Photo

BERLIN (Reuters) – Vodafone Germany said on Tuesday that it aims to save around 400 million euros ($434.48 million) over the next two years as part of a transformation programme that will affect some 2,000 jobs.

“Personnel costs will be reduced through savings and the relocation of around 2,000 jobs – also because manual tasks will be performed by increased automation in future,” it said.

($1 = 0.9206 euros)

(Writing by Miranda Murray, Editing by Rachel More)

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