Vodafone will eliminate or relocate approximately 2,300 jobs in Germany over the next two years as part of a program to cut costs and restructure its operations. The measure was announced on Monday by Marcel de Groot, head of the German division, during a briefing for employees.
Vodafone Germany has approximately 12,000 employees, meaning that nearly one in five jobs will be affected by the reorganization. The company says the program is necessary to streamline its structure and regain competitiveness after several years of declining consumer numbers.
The plan includes savings on materials and operating costs, as well as measures through which the Human Resources department is expected to reduce expenses by making greater use of artificial intelligence.
The restructuring is part of Vodafone Group’s efforts to adjust its operations and improve its performance in the German market. The company did not specify how many of the 2,300 positions will be eliminated outright and how many will be relocated.
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