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500 jobs to go at Vodafone
Tuesday 24th February 2009, 12:03PM GMT.
Mobile phone giant Vodafone has announced that 500 British jobs are to be cut as the group attempts to reduce costs.
About 170 of the jobs will go at the firm’s head office in Newbury, with several call centres due to be reorganised.
“Vodafone UK has today announced reductions to its operating costs in order for it to compete more effectively in the UK market,” a statement said.
“As customers look for best value in their mobile services, Vodafone intends to reduce its cost base whilst continuing to invest in new products and services to meet changing customer needs.”
Vodafone, which employees around 10,000 people in the UK, said it did not expect to close any stores as a result of cost-savings estimated at £1 billion.
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