Vodafone UK remains silent on job cuts

www.WirelessFederation.com/news: Plans for around 500 job losses in the UK unit of Vodafone have been reported as a part of a stepped up cost-cutting programme. The network’s headquarters in Newbury has the most predominant chances to expect this job cut.

However, any such claims has been dismissed as “highly speculative” by the Vodafone spokeswoman. 500 redundancies in the UK were announced by the company last year as part of an earlier £1 billion cost cutting exercise. Since then, the deadline for achieving the cuts has been brought forward besides doubling the target to £2 billion.

According to the media reports, the problem Vodafone have got is that it is so bloated, it has tons of people and they have to cut – it is absolutely essential.