Vodafone to cut 11,000 jobs as part of turnaround plans
Vodafone is undergoing a major restructuring effort under its new CEO, Margherita Della Valle.
The company has announced plans to cut 11,000 jobs across Europe as part of its turnaround strategy. Della Valle stated that the company's performance has not been up to par and that changes are necessary for Vodafone to consistently deliver.
One area where Vodafone sees potential for growth is its business segment. Despite representing only 27 percent of group service revenue,...