Type
Internal restructuring
Country
Czechia
Region
Location of affected unit(s)
Sector
Information / Communication
Information Communication Services
Telecommunications
61.20 - Wireless telecommunications activities

200 jobs
Number of planned job losses
Job loss
Announcement Date
20 January 2014
Employment effect (start)
Foreseen end date
31 March 2014

Description

Mobile phone operator Vodafone is to cut about 200 jobs (11pc of the total workforce) by April 2014. Reportedly, this will affect mostly workers that are not in direct contact with customers.

The restructuring is part of a cost-savings plan. The profit of the company has recently dropped by 45pc.

Vodafone is headquartered in London, UK. Hundreds of dismissals were already reported in 2013.


Sources

  • 20 January 2014: Hospod├írske noviny

Citation

Eurofound (2014), Vodafone, Internal restructuring in Czechia, factsheet number 76451, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76451.