Vodafone Germany to cut 2,000 jobs in revamp


FILE PHOTO: The logo of Vodafone is seen at a Vodafone store in Northwich, Cheshire, Britain, June 7, 2023. REUTERS/Jason Cairnduff/File Photo

FRANKFURT (Reuters) -Vodafone Germany aims to save around 400 million euros ($434.48 million) over the next two years as part of a restructuring that will hit some 2,000 jobs, the company said on Tuesday.

The move is part of a cost-cutting drive announced nearly a year ago which will result in the loss of some 11,000 jobs worldwide.

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