AILight Readingabout 1 hour ago
Vodafone Cuts 2,300 Jobs in Germany
3 min read
Vodafone CEO Margherita Della Valle announced a new cost-cutting plan eliminating 2,300 roles in Germany due to AI-driven structural changes. While group revenue grew 11.4% to €21.9 billion, adjusted EBITDAaL fell 2.4% to €6.5 billion. The company also faces a blocked €4.85 billion impairment in the German market.
Level
Hype check
Tap to vote and see what everyone thinks.
