Telecommunications: Vodafone is cutting around 2,300 jobs in Germany

Dusseldorf. The telecommunications group Vodafone is implementing a far-reaching savings and restructuring program in Germany.

As German boss Marcel de Groot told the workforce, around 2,300 jobs are to be cut or relocated over the next two years as part of a comprehensive realignment. With a total workforce of around 12,000 employees, this corresponds to a share of a good 19 percent - almost one in five jobs is affected by the cuts.

The Düsseldorf network operator justified the package of measures with the need to simplify structures and make the company more effective again after years of significant customer decline. In addition to savings in material and operating costs, the personnel area in particular should contribute to reducing costs. This should also be achieved through the increased use of AI.

Vodafone has achieved a lot in the past two years, said de Groot. “We have stabilized our business, are gaining momentum again in the business customer area and are getting better and better with our products, networks and services.” But the truth is that none of this is enough. “Because our market is changing fundamentally and at a speed that we have never experienced before.”