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

By Thomson Reuters Mar 26, 2024 | 6:00 AM

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)