Vodafone will cut 500 jobs in Germany, the company said, as the group adjusts to harsher competition and lower fees in Europe’s largest economy.
“We have started a two-year program,” a spokesman said, confirming reports in the Frankfurter Allgemeine Zeitung and Rheinische Post.
The company aims to shift some operations to Romania and India, as well as considerably reduce starting salaries. Areas like network technology and customer service will be affected.
Chosen excerpts by Job Market Monitor
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