Vodafone cuts workforce by 14% in a year

Vodafone cuts workforce by 14% in a year

Vodafone cut 14% of its UK workforce during the year ended 31 March 2010, as it looked to ‘slim down’ the business.

The move, which totals 1,400 UK staff, was part of two £1bn waves of global cost cutting – with the latest implemented this year.

The job cuts include two lots of 450 staff, as well as outsourcing such as moving workers from its network share deal with O2 to a company called Cornerstone.

Last week, Vodafone confirmed that another 600 staff would be transferred from its Warrington call centre to contact centre company HEROtsc.

The latest move will see the total of Vodafone’s workforce cuts reaching 2,000, or 20% down from last year.

The operator currently has 8,700 staff. This figure will shrink to around 8,100 in July when the Warrington outsource takes effect.

The operator announced its results for the year ended 31 March today (18 May). During a presentation this morning, Vodafone chief executive Vittorio Colao said 19% of last year’s £1bn saving was delivered by the UK.

Written by Mobile Today
Mobile Today

Comments

It's quite sad really, there's more outsourcing to come. All that will be left is a few managers and suppliers fighting amongst themselves ...
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