Vodafone’s new CEO Margherita Della Valle, who informed about this, said that the decision was taken because the performance was not very good in 2023, and a total of 11,000 jobs will be cut in stages over the next three years.
To implement change in the company over four years, Vodafone already has a Kriya plan. The company’s strategy is focused on three priorities: customers, simplicity and growth.
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We simplify our organization. We will do this if job cuts are necessary to regain competitiveness in our organization. Margarita Della Valle said, “We will continue to deliver the quality service our customers expect and drive growth at Vodafone.”
We need to be a simple organization to increase commercial activity, increase resources. In order to achieve simplification, he informed that 11 thousand job cuts are planned in three years along with simplification of HQ and local markets.
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In the next financial year, it will reallocate significant investments to customer content, customer experience and brand. Vodafone is focusing more on fundamentals to win in consumer markets. Vodafone is ready to adopt a simple system as expected by the customers.
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